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In short
- David Beckham has taken legal action to be paid NOK 116 million from the fitness brand F45, where he previously invested several million.
- He believes he is entitled to the money after the value of the F45 tripled following his investment.
- F45, in which actor Mark Wahlberg is a part owner, denies any wrongdoing and claims that Beckham has not fulfilled his obligations.
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Four years ago, David Beckham (48) invested several million kroner in the company F45, a global fitness brand in which actor Mark Wahlberg (52) is a part owner.
Just a year after Beckham’s investment, the value of the F45 had tripled. Then the former Manchester United star wanted to be reimbursed a larger sum he thought he was entitled to, without the money coming, reports media such as the New York Times and The Telegraph.
And since then, the trend has reversed for F45: Now the company has started to lose money, and the good relationship between Beckham and Wahlberg is said to have soured.
The amount Beckham has taken legal steps to get paid is NOK 116 million. It appears in a legal document from Beckham’s lawyers, reproduced by the New York Times.
– F45 received a significant benefit from the collaboration with Beckham, which improved F45’s public profile and credibility, Beckham’s lawyers state in the documents.
On his own Instagram account, Beckham has previously posted several photos in which he advertises the F45. These have now been deleted.
Spread over more than 50 countries, F45 has over 2,000 gyms. Wahlberg owns 36 percent of the company.
The New York Times has tried to get a comment from the parties, without success. But in the court documents, F45’s representatives deny that the company has done anything wrong.
F45 also claims that Beckham has not fully fulfilled his obligations, and that he is “trying to take advantage of his own injustice”.
– I am heartbroken
As a footballer, Beckham is best known for his time at Manchester United. He won what was possible to win with the English club, playing a total of 394 games and scoring 85 goals for the red-clad. In 2003, the road continued to the Spanish big club Real Madrid. Beckham also played for teams such as LA Galaxy (USA), AC Milan (Italy) and Paris Saint-Germain (France).