Blatter: Stadium Closures 'Excessive' Hangin' With ... Matías Baretta Premiership Rugby, StubHub Partner Crimea Club Wants To Stay In Ukraine Canterbury Gets OK For $93M Projects Executive Transactions Close To 9 Million Watch German Cup F1 Planning To Launch Masters Series Drogba Launches Men's Underwear Line Dynamo Dresden Receives City Support
SBD Global/October 8, 2013/FinancePrint All
David Beckham has received a £14.1M ($23M) pay package "from a company set up to cash in on his worldwide fame," according to the HERALD SCOTLAND. Annual accounts for '12 filed by Footwork Productions "show it rewarded its highest paid director, understood to be the former Real Madrid and Manchester United star," with the sum equivalent to more than £270,000 ($430,000) a week. That was up 6% from the £13.28M paid out in '11. The accounts show the business took in £16.5M of turnover across '12, an increase of almost 8% from the £15.3M recorded in the prior year. Beckham, who concentrates on his name -- part of the so-called Brand Beckham -- and image rights, more than doubled pre-tax profits from £167,918 to £390,539 in a year when he played in the U.S. for Major League Soccer L.A. Galaxy (HERALD SCOTLAND, 10/7).