Despite having a well-known brand in every country, Victoria Beckham appears to have been hit by financial misfortune of catastrophic proportions.
This was all revealed by a well-placed insider who just spoke to Closer review.
According to the report, Vic has reached the point where she is looking to sell her brand which is facing “continuing liabilities, increasing losses and negative net worth.”
This left her feeling “humiliated” because “anyone who reads the documents can see the pressure”.
Although “this is not unusual for luxury brands, the Victoria brand has carried this burden for a long time. People are starting to wonder how much longer the family can continue to support it.”
This left Vic completely “devastated” because “the brand means everything to her,” the insider admits. “She’s embarrassed that the company is still struggling, especially after filming the documentary.”
Because “she thought that this chapter was behind her, but it is happening again. However, she has no illusions – the figures are not easy to ignore,” they also warned.
Therefore, she has been forced to think about a figure and Victoria is aiming for around £350 million.
“That’s the sales figure that was announced,” the source admitted towards the end. Although “it’s ambitious, but it’s the dream scenario. She wants a buyer who sees long-term potential. And, frankly, she needs the deal.”
