American model Victoria Beckham made almost £1 million from the Spice Girls reunion tour, even though she chose not to take part.
Although the 46-year-old fashion designer didn’t join her bandmates Emma Bunton, Geri Horner, Mel B and Mel C when they reunited for a summer tour in 2019, she still profited from the venture through endorsements and merchandising deals.
New documents filed with Companies House, show that Spice Girls Limited made £4.5million last year and as one of the business’ only five members and directors, Victoria is entitled to one fifth of the profits.
An insider said:
”This means the rest of the group will have to hand over a huge amount to Posh on the back of the old magic they conjured up. The irony of the payout is that Victoria has become distanced from the Spice Girls as she’s tried to carve out a niche as a fashion designer. But they have become a major source of her income once again as the clothes line falters. The other girls have handed a lot over.”
Victoria’s Spice Girl profits are more than the £700,000 she paid herself from her eponymous fashion label last year.