David Beckham may have been one of the great midfielders, but the retired footballing superstar made a fantastic save after pumping £5.2m ($7.48m) into his wife's company, stopping it reporting a £3.8m loss. The last-minute goal allowed Victoria Beckham Limited to report a £1.4m pre-tax profit.
According to the company's Director's Report, filed with Companies House, the £5.2m was from "discontinued operations". Despite making a turnover of £34m in 2014, £16.8m went towards administrative expenses.
No wrongdoing is alleged to have taken place, with experts saying that it was simply a transfer of funds between a couple. Speaking to The Sun, chartered accountant and tax lecturer Robert Leach said: "The accounts suggest it is a transfer of operations between companies owned by Victoria and David. In effect, the couple are simply moving the profits between themselves."
Victoria Beckham Limited's director's report said: "As part of the corporate restructuring planned last year, the company is now focused purely on the 'Victoria Beckham' fashion business and the Victoria Beckham brand. As such, the contracts held by the company related to the David Beckham brand were transferred during the year to DB Ventures Limited, a sister company in the Beckham Brand Holdings Limited group which is focused on exploiting the David Beckham brand."
In December 2014, David Beckham resigned as one of the directors of Victoria Beckham Limited.
The former pop singer – affectionately known as Posh Spice – launched her fashion label in 2008. After enjoying much success, it became a fixture at the renowned New York Fashion Week. In 2011, Victoria Beckham won swept the designer brand of the year gong at the British Fashion Awards.
The shop's cheapest item – a leather card holder – will set you back £150, while its dearest – a white dress – costs £2,650. Handbags range in price from £1,690 to £1,850.