David Beckham settles lawsuit after suing company co-owned by Mark Wahlberg for losing him $10.5 million

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David Beckham News

Football

Former England star David Beckham has reached an out-of-court settlement after suing a company co-owned by Mark Wahlberg.

David Beckham has settled a lawsuit against a fitness company co-owned by Mark Wahlberg after he accused it of losing him millions of dollars.company - filed lawsuit against F45 Training in October 2022, claiming that the company owed money for promotional social media posts.

In the complaint, DB Ventures claimed: "Despite DBVL upholding its end of the bargain... F45 failed to issue substantial cash and equity compensation to DBVL as required by the parties’ agreement."F45 was accused of failing to hand over the shares it owed for eight months following the original date given, during which time they had dropped in price by an estimated $9.3 million.Beckham's company asked the court to award $5 million, $4.5 million and $1.

"We remain committed to supporting the growth of our global franchisees as demonstrated by our recent strong year-over-year same store sales growth in April of 9.4 percent , 14.9 percent and 41.7 percent . Gazza is a fan of Jack Grealish and Marcus Rashford, but is perhaps not as familiar with the Real Madrid star

 

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