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Beckhams in £38m dividend payout despite profits plunge

Holding company dividends follow more losses at Victoria Beckham’s fashion label

David and Victoria Beckham’s business empire has paid out £38m to its owners despite a near 90% fall in profits prompted by difficulties at the former Spice Girl’s fashion label.

The former England footballer, the fashion entrepreneur and their business partner Simon Fuller paid themselves dividends of $21.5m (£16.7m) and £10.3m in May this year, on top of £11.1m in 2018, according to accounts for Beckham Brand Holdings (BBH) published at Companies House on Friday.

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