Beckham’s company, DB Ventures, filed suit against the fitness center franchise last April. This week, new court documents filed with the U.S. District Court of Central California made the case public.In court filings obtained by HuffPost, representatives for Beckham accuse F45 of not meeting their end of a 2020 deal with the soccer star to promote the brand ahead of its initial public offering.
Soccer star David Beckham, left, is suing the fitness company F45 for millions. Actor Mark Wahlberg, right, owns a 36% share in the company.Beckham’s camp claims that when his shares were finally available, months after originally promised, they were worth $9.3 million less than they would have been if issued in a timely manner.
Beckham appears to have been recruited by the brand through his relationship with Wahlberg, who purchased a 36% stake in F45 in 2019.Beckham said, “I’ve been a fan of the F45 franchise and training model since being introduced by my friend, Mark Wahlberg.”F45 was founded in 2013 in Australia. It offers intense 45-minute bootcamp-style workouts through a network of franchisee studios.