21 January 2023 , 20:24
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Victoria Beckham’s company has made £2million in three years from the Spice Girls reunion – without her singing a note.
Her firm Moody Productions earned £703,000 in 2021 and £403,000 in 2020.
And, in 2019 – when Posh didn’t join Scary Mel B, Sporty Mel C, Baby Emma Bunton and Ginger Geri Horner for their reunion tour – it made a cool £1million.
Posh is still a band member but doesn’t have to sing for her supper because Moody Productions is entitled to a cut of the takings for endorsements, licensing deals and merchandising generated by gigs.
Accounts filed last week show it paid £140,637 in Corporation Tax for 2021 from income, meaning the firm earned £703,000 from the Spicy back catalogue.
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Mel B, Emma Bunton, Geri Halliwell and Melanie C of The Spice Girls performing (Dave J Hogan/Getty Images)The Spice Girls have notched up nine UK No1s and have sold more than 100 million records since 1994 to make them the best-selling girl group of all time.
But when they kicked off their Spice World Tour in Dublin, in May 2019, Posh was a no-show because of commitments to her fashion business – which this week posted annual losses of £6.3million.
The more lucrative Moody Productions accounts reveal Posh has had more than £5million of loans from it over the years.
Victoria Beckham, Emma Bunton, Melanie Brown, Geri Halliwell, and Melanie Chisholm in their heyday (Getty Images)Meanwhile, hubby David’s firms banked £657,322 a WEEK in 2021.
Turnover more than trebled to £34,274,658 since the previous year and David and Posh – parents to Brooklyn, Romeo, Cruz and Harper – paid themselves £6.3million in dividends.
Accounts for Beckham Brand Holdings Ltd, also filed last week, show a £19.1million profit, up from £11.6million.
David and Victoria Beckham (WireImage for White Company)
Her firm Moody Productions earned £703,000 in 2021 and £403,000 in 2020 (GC Images)They also reveal David has signed deals with “Electronic Arts, Adidas, Tudor, Diageo’s Haig Club and Maserati.”
Busy David has also signed a £150million deal to promote tourism in Qatar, but this has not shown in latest accounts.