Victoria And David Beckham Did NOT Separate Companies Because Of “Split,” Despite Report
Victoria and David Beckham did NOT separate their companies because they are splitting up, despite a report. Gossip Cop can correct the story. The claim is, among other things, sensational and misleading.
Back in 2014, the Beckhams made some changes to their businesses. The two opted to separate Victoria Beckham, Ltd. (VBL) from David Beckham Ventures, Ltd. (DVBL). Since the two companies serve different purposes, it did not make financial sense for them to be together as one with combined accounting figures. Along with the changes, David stepped down as one of the directors of VBL, and she stepped down from DVBL.
Now a year and a half later, RadarOnline exclaims in a headline, “Beckhams Split! Victoria Files Paperwork Proving Their Partnership Is Over.” The webloid, announcing “all the dirty details exposed at last,” uses the rather common business change to support already-debunked “divorce rumors.” It’s only further down in the piece that the site backs away from its claims, saying, “Now, VBL is all about Victoria alone, but that doesn’t mean she’s going it solo just yet.”
That’s because VBL and DBL are owned by an umbrella company they created, Beckham Brand Holdings Limited. Along with pal Simon Fuller’s company, David and Victoria are equal owners. The reorganization means that while they are no longer directors for each other’s personal companies, they jointly oversee the holding company, working together in quarterly board meetings to make decisions.
This is something that unifies them, not divides them, as RadarOnline as wrongly made it seem. The Beckhams partnership is not “over.” On the contrary, it has continued, and still will, regardless of pathetic attempts like this to tear it apart.