VICTORIA Beckham’s company made a whopping £2million from the Spice Girls reunion tour – despite not singing a note.
The fashion designer, 48, sat back and coined in over a period of three years following the Spice Girl reunion show, which celebrated the band’s 25th anniversary.
The mum of four, refused to join the girls on stage in 2019 but during 2020, her company Moody Productions earned £403,000 and the following year her firm received £703,000.
And according to reports, in 2019 when Victoria, who is also known as Posh Spice, refused to join Mel B, Mel C, Geri and Emma Bunton, it earned £1million.
Posh is still a member of the group but in a savvy move, she doesn’t have to sing a thing.
Moody Productions is entitled to a cut of the takings from endorsements, licensing deals and merchandising generated by performances.
Accounts show that Moody Productions paid £140,637 in 2021 for Corporation Tax, which meant the firm earned £703,000 from the group’s back catalogue.
The Spice Girls became the best selling girl group of all time after achieving success with nine UK No.1’s and sold more than 100 million records since 1994.
However, it seems, according to reports, that when the group kicked off their Spice World Tour in Dublin in 2019, Victoria didn’t turn up due to her commitments to her VB fashion brand.
But unfortunately, Victoria’s fashion brand recently posted annual losses of £6.3million.
4
4
4