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Manchester United legend and Co-owner of MLS club Inter Miami, David Beckham has sued Hollywood superstar Mark Wahlberg after a brand deal turned sour, allegedly leaving the Englishman £8.5million in loss. Media reports claim Beckham's DB Ventures Ltd has claimed the Hollywood star “duped” the England football legend into working with F45.
The 48-year-old, after moving to LA, agreed to be the firm’s global ambassador and became friends with Wahlberg. Beckham and DB Ventures are also suing the Wahlberg Investment Group (MWIG), and F45’s founders Adam Gilchrist and Rob Deutsch.
Beckham sues Wahlberg after suffering loss of £8.5million
The former Real Madrid star claims he suffered losses of close to $16.4 million when he was withheld promised shares until after share prices plummeted $12 to $3 per share. His legal team claims this delay cost him up to $10.5 million [£8.5 million] in potential profit.
Responding to these claims, Wahlberg and his co-defendants believe allegations of "fraudulent conduct" are baseless and have asked a judge to dismiss the case, as per the Sun. The defendants’ motion to dismiss further claims DBVL are blaming everyone but themselves, adding: "The 209-page, 610-paragraph SAC [complaint] tries to make up with length what it lacks in merit."
Initially, Beckham teamed up with legendary golfer Greg Norman, who also had a grievance against F45, but a judge instructed the pair they had to sue separately.
