Despite her struggling financial situation with her fashion labels, Victoria Beckham is still capable of making such a...
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Despite her struggling financial situation with her fashion labels, Victoria Beckham is still capable of making such a bunch of money just by NOT attending the reunion with her ex-members in Spice Girls.
Victoria Beckham denied to sing with her former members in the 13 comeback gigs around the UK but made the hefty sum off the back of the renewed interest in the band.
This meant that Victoria was entitled to a fifth of the profit made in endorsements, merchandising and licensing deals despite not actually making an appearance on the tour.
After her happy wedding with superstar football player David Beckham, Victoria Beckham left her glamorous career behind as a former Spice Girls member. She opened her own fashion label aimed at high-end and luxurious styles of clothes.
However, it seems that this 46-year-old singer isn't suited to be a businesswoman or a fashion designer when her clothing brand has faced many controversial opinions and financial issues, due to the quality and prices of the clothes.
According to the reports, Victoria Beckham has actually made more than the £700,000 salary she paid herself from her struggling clothes label, because of her absence in this reuinion tour.
The latest accounting records show that the company made £4.5million last year - up from £124,000 the year before - following the revival concerts.
An insider told the newspaper: 'This means the rest of the group will have to hand over a huge amount to Posh on the back of the old magic they conjured up.
'The irony of the payout is that Victoria has become distanced from the Spice Girls as she's tried to carve out a niche as a fashion designer.
'But they have become a major source of her income once again as the clothes line falters. The other girls have handed a lot over.'