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The Beckhams! How greedy can you get?!

292 replies

MotherOfAllNameChanges · 21/04/2020 22:24

https://meaww.com/victoria-beckham-employees-furlough-salary-pay-taxpayers-net-worth-posh?fbclid=IwAR2RmDGxYNRagLSTVBlE6DD1q4QV5ZZqjYspPABAAiBrrTgyFWL15DZydGo

OP posts:
vera99 · 22/04/2020 13:36

After the well-reported hairdresser dalliance David was said to (innocently of course) like the company of hi-so gels who don't kiss and tell.

CathyorClaire · 22/04/2020 13:36

David needs to be careful if he pushes it too far she'll walk and take half his money with it. Particularly as he seems to have a colourful extra-curricular life by all accounts.

That's true but it does beg the question why she's stayed in the face of all the alleged humiliation so far. Money, saving face or both?

Alsohuman · 22/04/2020 13:38

£1.5 million handbag collection? She likes the entree to “high” society. She’d never have been invited to royal weddings if she wasn’t married to him.

fluffy71 · 22/04/2020 13:42

Just because it’s legal doesn’t mean it’s right. Morally, having a fortune of 330 million, she should pay her staff. Why leech off the taxpayer? It’s immoral

Devlesko · 22/04/2020 13:42

Aw, I pity her tbh. All that money and humiliated by a dh who can't keep it in his trousers.
It's no life for their children, the real victims in their lifestyle choices.
None of them can be normal and happy, I think it's all about brand and money, not enjoying life, being happy and loving relationships.
At least they can afford therapy for their kids in adulthood.

vera99 · 22/04/2020 13:45

I think it's 'face' for her David seems like good company whereas the waspish shrew she is might find it a lonely planet.

Branster · 22/04/2020 13:58

Is there any change that the declared non-existing profit was made to look this bad (legally I mean) to avoid corporation tax bills or it has simply always been a shit business, smoke and mirrors and no real substance? Just wondering to myself.
The actual employees can’t be that many as a lot of the work would be sub-contracted.
I actually like quite a lot of the clothes brought out by the brand over the years, but never actually bought anything.

Mysterian · 22/04/2020 14:01

If she doesn't furlough she might need to relaunch her singing career.

DeRigueurMortis · 22/04/2020 14:05

I think the thing some posters are missing is that the govt funding has a very specific purpose that really needs to be considered in terms of outcomes.

The impact of Virgin Atlantic going bust is a very different proposition to seeing brands like VB and Stella McCartney go under.

It's about scale and impact.

As wealthy as he is Branson doesn't have £500m cash sitting in the bank to bail out Virgin Atlantic. His wealth is mainly tied up in the ownership of his businesses. If VA goes under there are significant implications in terms of tens of thousands of job losses, competition in the aviation industry, loss of flight capacity, impact not just to VA staff but knock on's to all the businesses that support the airlines (catering suppliers, airports etc etc).

By comparison VB is asking for £150k funding - unlike Branson an amount that is blatantly affordable and importantly accessible for a person who has single handbags worth more than that, recently paid similar for her sons birthday party and has just bought a £20m house.

Equally the impact of VB going bust - a brand that supplies non essential luxe goods to wealthy customers that has never make a penny profit doesn't even register a ripple in terms of the broader economy and impact on post corona society.

I doubt many people will be sad they may never be able to buy another £5k VB dress (given most people would never be able to buy one ever) but lots of people will lament not being able to afford a holiday because following the collapse of Virgin, flight prices are now beyond the reach of all but the very well off.

sanealaddin · 22/04/2020 14:06

I don't think the taxpayer should bail out any consistently failing business, it doesn't matter who owns it. But I do think the criticism of Victoria on here is verging on very personal and nasty. It's not nice.

RideaCockHorseOfCourse · 22/04/2020 14:07

fluffy nailed it. It's immoral for someone so rich to leech off the taxpayer. Is there a way to stop them doing it?

fluffy71 · 22/04/2020 14:22

Hopefully with the negative publicity she may do a Liverpool and come out and announce she’s deciding to pay them herself

The80sweregreat · 22/04/2020 14:59

I don't really see the Beckhams as the philanthropist types! I'm not sure why and maybe I'm misjudging them but I just think it would come with strings attached if they did do anything for anyone else.

James mcevoy and a few others have been brilliant during this crisis. I'm sure many millionaires give loads to charity and look after their staff well and they are not all bad / greedy / in it for themselves. I like to see the good in people. ( I don't know any millionaires though ! )
I was emailed a petition about Sir Richard Branson getting money etc but I'm on the fence about that one mostly because I'd hate to see the staff suffer job losses.
Virgin employ lots of people and it's probably much more complex than the Beckhams getting money arguments.

Roussette · 22/04/2020 15:01

I don't think there is one person on the planet who would be sad that the business folded, apart from VB herself. And her 25 staff who will be marketing and high end designers and would hopefully get another job fairly easily. VB has said before, she doesn't actually design the dresses herself so these 25 staff are the design team plus a sprinkling of marketing team.

The company is just a rich woman's plaything.

AutumnCrow · 22/04/2020 15:04

I thought VB was reported to have a very good sense of humour?

Alsohuman · 22/04/2020 15:05

How would we know? Nobody’s ever seen her smile, let alone laugh.

Roussette · 22/04/2020 15:11

If it is actually £150K she is wanting, dear god, she should be paying that herself. It's like £100 to a lot of people. She would show herself in such a better light if she sorted it herself.

Sometimes I think the more famous a person gets, their brain cells shrink a tiny bit every step up they take. Surely surely posting about £100,000 party and a god knows how many million £ new pad and a week later, claiming off the stretched Treasury for her staff from her failed business to be paid... do they not imagine what the public will feel? Do celebs ever ever think 'I wonder how this will look?'

Don't think so.

JudyCoolibar · 22/04/2020 15:14

Have to say it does make me a tad worried about the government vetting process for the furlough scheme. If they clearly turn a blind eye to it being used when not absolutely necessary perfectly legally with no admonishment how on earth are they best placed or equipped to keep an eye on actual fraudsters at all levels who will try it on

I don't understand this. If the scheme is being used perfectly legally, what is there for the government to turn a blind eye to?

Roussette · 22/04/2020 15:14

Apparently she's advertising for a Social Media Manager for the company on Linkdin. They'll have a job and a half turning this round!

The company lost £12.3million last financial year. What is the point of it?!

AutumnCrow · 22/04/2020 15:17

@Alsohuman I can't fully recall, but I think a poster on MN once linked to an interview where she cracked a self-deprecating joke.

Crumb2Everywhere · 22/04/2020 15:19

The fact such a blatant waste of tax payers money on two counts( pointless loss making company with an owner who doesn’t need a handout) is legal really makes me worry it’s the tip of the ice berg. How much more money is being chucked away the cost of which our children are going to be living with for generations? Really doesn’t sound like a well thought out scheme.

Iamthewombat · 22/04/2020 15:21

VB can pay her employees. That is the whole point. She is instead choosing to take money from a cash strapped struggling country simply because she can.

This, in spades.

Any talk of furlough funding only being available to profit-making businesses is daft. Ditto requiring shareholders/business owners to sell their personal assets before accessing grants: we have many years of case law supporting the concept of the veil of incorporation, and this isn’t the time to tear that up.

Nor can the Treasury put in schemes to support businesses at high speed and design complex conditions about who qualifies that only penalise rich greedy people, not ordinary honest entrepreneurs.

No, as others have said, this is about morals and consequences.

If you can easily afford to pay your staff during lockdown, why grab government grants just because you can?

I can see the argument for supporting Virgin, even though it sticks in my craw to help the business of a tax-avoiding self-publicist, because of the many thousands of employees affected and the fact that we as a country need aviation businesses. But handing cash to rich, spoiled hobby designers like VB and Stella McCartney, each with a handful of employees they could easily pay themselves by injecting a director’s loan or subscribing for extra equity? No.

As for ‘the Beckhams have paid loads of tax here’: you’re sure about that, are you? They were involved in a very dubious tax avoidance scheme called Icebreaker, and last year the scheme organisers and participants lost their appeal. All rich people. Greedy bastards.

Alsohuman · 22/04/2020 15:22

If the scheme is being used perfectly legally, what is there for the government to turn a blind eye to?

It’s supposed to be for successful, thriving businesses, not those that have run at a loss since they were started up.

Iamthewombat · 22/04/2020 15:53

With respect, it is there to help all businesses, thriving or otherwise, as a remedy of last resort in order to preserve jobs where the business would otherwise have to lay staff off or fold because it lacked funding.

Crumb2Everywhere · 22/04/2020 16:05

But VB doesn’t lack funding.

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