Menu
Download the app

SBJ subscribers – Enhance your experience with the revamped iOS app

Finance

Beckham's Two British Firms Expected To Show "Eight-Figure" Profits This Year

The reason David Beckham is "so comfortable at not earning a single penny from his current spell at Paris St. Germain "will be clear when the companies he owns publish their financial accounts," according to Nick Harris of the London DAILY MAIL. Beckham made more cash in '12 than in any single year of his career, "with tens of millions pouring in not only from a string of lucrative endorsements but also from high-profile commercial ambassadorial roles linked to the London Olympics." When Beckham signed up to his five-month spell at PSG, it was announced his salary of more than £100,000 ($150,000) a week "would be donated to a local children’s charity." However, there is a "widespread misconception" that the former England captain is earning huge sums from PSG image rights and from shirts sold with his name on it at nearly £100 ($150) a piece. A source said, "Actually, he won’t be getting anything whatsoever." When his two main British-based firms, Footwork Productions and Beckham Ventures, file their accounts later this year, "both will show eight-figure profits." Footwork earned £15.2M in the year to Dec. '11 and paid Beckham personally £13.3M ($20M). Income for '12 "will balloon" thanks to cash from adidas, H&M, Breitling watches, a one-off Burger King smoothies campaign, plus big money from Samsung and Sainsbury’s for promoting their Olympic and Paralympic campaigns (DAILY MAIL, 3/2).

SBJ Morning Buzzcast: March 25, 2024

NFL meeting preview; MLB's opening week ad effort and remembering Peter Angelos.

Big Get Jay Wright, March Madness is upon us and ESPN locks up CFP

On this week’s pod, our Big Get is CBS Sports college basketball analyst Jay Wright. The NCAA Championship-winning coach shares his insight with SBJ’s Austin Karp on key hoops issues and why being well dressed is an important part of his success. Also on the show, Poynter Institute senior writer Tom Jones shares who he has up and who is down in sports media. Later, SBJ’s Ben Portnoy talks the latest on ESPN’s CFP extension and who CBS, TNT Sports and ESPN need to make deep runs in the men’s and women's NCAA basketball tournaments.

SBJ I Factor: Nana-Yaw Asamoah

SBJ I Factor features an interview with AMB Sports and Entertainment Chief Commercial Office Nana-Yaw Asamoah. Asamoah, who moved over to AMBSE last year after 14 years at the NFL, talks with SBJ’s Ben Fischer about how his role model parents and older sisters pushed him to shrive, how the power of lifelong learning fuels successful people, and why AMBSE was an opportunity he could not pass up. Asamoah is 2021 SBJ Forty Under 40 honoree. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Global/Issues/2013/03/04/Finance/becks.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Global/Issues/2013/03/04/Finance/becks.aspx

CLOSE