Lady Victoria Beckham has allegedly been left “humiliated and devastated” in a £350m struggle in Oxfordshire.
The former Spice Girl has lived with her husband and former England captain, Sir David Beckham, in Great Tew, near Chipping Norton, for several years now.
Sharing a mansion in the Cotswolds, the couple have embraced the countryside life with Sir David keeping animals such as chickens.
Aside from her successful music career, Lady Victoria has also ventured into business, launching her own beauty and fashion brand named after herself.
Reports circulating in the national media suggest the 51-year-old is set to sell her business, with the star aiming to get £350m.
This has left Lady Victoria both “devastated” and “humiliated”, given how much the brand means to her, according to an inside source.
An inside source told Closer magazine: “Anyone reading the paperwork can see the pressure. This isn’t unusual for luxury brands, but Victoria’s label has carried that burden for a long time.
“People are starting to wonder how much longer the family can keep supporting it.
“Victoria is devastated – the brand means everything to her. She’s embarrassed that the business is still struggling, especially after filming the documentary.
“She thought that chapter was behind her, but it’s happening all over again. She’s under no illusions, though – the numbers aren’t easy to ignore.’
Victoria wants around £350 million – that’s the sales figure being floated. It’s ambitious, but that’s the dream scenario. She wants a buyer who sees long-term potential. And, frankly, she needs the deal.”
Closer adds that despite loans being injected from Sir David and private equity firm Neo totalling 6.2m this year alone, the fashion empire has “notoriously failed to make a profit…with losses reported to have widened to almost £5m”.
