Victoria and David are done for good!
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Photo credit: Splash News
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The couple has been plagued by divorce rumors for years — and now new documents from Victoria's fashion company prove that Victoria Beckham and David Beckham have gone their separate ways, at least in terms of her fashion business.
Photo credit: Splash News
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RadarOnline obtained legal filings from Victoria Beckham, Ltd. (aka VBL) that show David's resignation as a director of the company on December 10, 2014; he held the position for six years.
Photo credit: Splash News
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The company's "entire issued share capital was transferred to” VBL parent company Beckham Brand Holdings, Ltd., and reissued with 1/3 going to Victoria, 1/3 to David, and 1/3 to CEO Robert Dodds on that same date.
Photo credit: Splash News
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Other documents filed in the UK reveal that all "contracts held by the company related to the David Beckham brand were transferred during the year to DB Ventures Limited, a sister company" with the purpose of focusing “on exploiting the David Beckham brand” — sans Victoria.
Photo credit: Splash News
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DB Ventures is a sub-company of Beckham Brand Holdings, of which Victoria, 41, and David, 40, are both directors and shareholders. The most recently filed documents reveal that each of them owns 1/3 of BBH shares, individually, and Dodds owns 1/3.
Photo credit: Splash News
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David's resignation from VBL is only adding fuel to the divorce rumor fire — as the couple sold their "Beckhingham Palace" estate in May 2014, their Madrid mansion in August 2015, and their French villa in October 2015.
Photo credit: Splash News
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However, Victoria isn't on her own with VBL.
Photo credit: Splash News
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Although she “has not disclosed transactions with the ultimate parent company,” Beckham Brand Holdings, the 2014 filing reveals that at the time, she owed $9,959,787 (£ 7,033,944) to “group undertakings” — nearly half of the company’s total $21,806,237 (£15,421,710) debt to creditors.
Photo credit: Splash News
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Previously, VBL owed “group undertakings” just $15,324 (£10,838).
Photo credit: Splash News
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Reps for Victoria, David, and VBL did not respond to Radar’s request for comment.
Photo credit: Splash News
david-beckham-victoria-beckham-divorce-rumors-split-vbl-documents-claims-01
Photo credit: Splash News
david-beckham-victoria-beckham-divorce-rumors-split-vbl-documents-claims-02
The couple has been plagued by divorce rumors for years — and now new documents from Victoria's fashion company prove that Victoria Beckham and David Beckham have gone their separate ways, at least in terms of her fashion business.
Photo credit: Splash News
david-beckham-victoria-beckham-divorce-rumors-split-vbl-documents-claims-07
RadarOnline obtained legal filings from Victoria Beckham, Ltd. (aka VBL) that show David's resignation as a director of the company on December 10, 2014; he held the position for six years.
Photo credit: Splash News
david-beckham-victoria-beckham-divorce-rumors-split-vbl-documents-claims-08
The company's "entire issued share capital was transferred to” VBL parent company Beckham Brand Holdings, Ltd., and reissued with 1/3 going to Victoria, 1/3 to David, and 1/3 to CEO Robert Dodds on that same date.
Photo credit: Splash News
david-beckham-victoria-beckham-divorce-rumors-split-vbl-documents-claims-09
Other documents filed in the UK reveal that all "contracts held by the company related to the David Beckham brand were transferred during the year to DB Ventures Limited, a sister company" with the purpose of focusing “on exploiting the David Beckham brand” — sans Victoria.
Photo credit: Splash News
david-beckham-victoria-beckham-divorce-rumors-split-vbl-documents-claims-03
DB Ventures is a sub-company of Beckham Brand Holdings, of which Victoria, 41, and David, 40, are both directors and shareholders. The most recently filed documents reveal that each of them owns 1/3 of BBH shares, individually, and Dodds owns 1/3.
Photo credit: Splash News
david-beckham-victoria-beckham-divorce-rumors-split-vbl-documents-claims-04
David's resignation from VBL is only adding fuel to the divorce rumor fire — as the couple sold their "Beckhingham Palace" estate in May 2014, their Madrid mansion in August 2015, and their French villa in October 2015.
Photo credit: Splash News
david-beckham-victoria-beckham-divorce-rumors-split-vbl-documents-claims-05
However, Victoria isn't on her own with VBL.
Photo credit: Splash News
david-beckham-victoria-beckham-divorce-rumors-split-vbl-documents-claims-06
Although she “has not disclosed transactions with the ultimate parent company,” Beckham Brand Holdings, the 2014 filing reveals that at the time, she owed $9,959,787 (£ 7,033,944) to “group undertakings” — nearly half of the company’s total $21,806,237 (£15,421,710) debt to creditors.
Photo credit: Splash News
david-beckham-victoria-beckham-divorce-rumors-split-vbl-documents-claims-11
Previously, VBL owed “group undertakings” just $15,324 (£10,838).
Photo credit: Splash News
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Reps for Victoria, David, and VBL did not respond to Radar’s request for comment.
Photo credit: Splash News