Skip to content

Details emerge on David Beckham’s PSG contract

Feb 5, 2013, 11:13 AM EDT

David Beckham Signs For Paris Saint-Germain Getty Images

I was assailed by some as a hopeless cynic last week when I dared wonder about David Beckham’s contract with Paris Saint-Germain – specifically about the philanthropic salary handoff.

At last week’s introductory news conference, Beckham said his salary would go to a local children’s charity. In fairness, any amount of money donated to service and good cause is certainly a worthy thing.

But was the gesture a little less grand and noble as it seemed? It’s not so far-fetched. After all, Beckham does have a full roster of handlers, agents, reps and story spinners who are invested in reaping as much sweet publicity fruit from every vine in the (now diminishing) Beckham vineyard.

How much, I wondered, of his total compensation was “salary,” and how much was in apparel sales, bonuses or some other high-dollar hocus pocus?

The Times of London did a little digging and, voila!

David Beckham’s financial footwork in moving to France was hailed as equal to his football skills yesterday after experts suggested that the deal had been structured to avoid a big tax bill.

The former England captain’s move to Paris Saint-Germain saw him dribble past France’s tax regime last week while portraying himself as a philanthropist.”

This piece from the Sports Business Daily is a good summation of the structure and numbers within Beckham’s deal.

Again, charity is charity and everything helps. And we could be talking about a lot of money going to local children. Still, it always seems tacky when athletes or celebrities want credit for their good works without being quite so open about the true details or the actual intent of the effort.

Latest Posts
  1. La Liga and Serie A roundup: Real Madrid smokes Deportivo, Juve downs Milan

    Sep 22, 2014, 12:10 AM EDT

    cristiano_ronaldo AP

    Roundup of Serie A and La Liga matches from the weekend.

  2. Manchester City’s Zabaleta believes Diego Costa luckily escaped red card

    Sep 21, 2014, 10:09 PM EDT

    manchester-city-pablo-zabaleta Getty Images

    Manchester City defender Pablo Zabaleta thinks the referee let Diego Costa off without a red card during their encounter that spurred a red card for the Argentine.

  3. Barcelona stays undefeated with 5-0 drubbing of Levante

    Sep 21, 2014, 9:07 PM EDT

    FC Barcelona v SL Benfica - UEFA Champions League Getty Images

    Barcelona beat Levante 5-0 on Sunday to continue their winning streak in all competitions.

  4. Joe Hart’s Manchester City future in limbo, Liverpool may target the goalkeeper

    Sep 21, 2014, 7:02 PM EDT

    Can England start to churn out talents such as Joe Hart from SGP on a regular basis? Getty Images

    Manchester City goalie Joe Hart confirmed that he hadn’t discussed a new contract with the club, and Liverpool is a prime candidate for his services, according to the Metro.

  5. Merseyside police to explore racist comments at Mario Balotelli

    Sep 21, 2014, 5:48 PM EDT

    hi-res-133f09d31924ea9d682e1f1a8a3ffef1_crop_north Getty Images

    More racism was thrown at Mario Balotelli, but this time, it appears law enforcement will get involved.

  6. Mesut Ozil, Danny Welbeck brandish skills in 3-0 win over Aston Villa

    Sep 21, 2014, 5:09 PM EDT

    Mesut Özil returns for Arsenal as they attempt to reclaim the top of the Premier League table with a win over Stoke. AP

    Mesut Ozil and Danny Welbeck scored and assisted each other during the Gunners 3-0 win over Aston Villa.

  7. WATCH: Alessandro Florenzi embraces grandmother in stands after goal

    Sep 21, 2014, 4:30 PM EDT

    Unknown Getty Images

    Alessandro Florenzi hugged and kissed his grandmother in the Stade Olimpico stands following his goal in AS Roma’s 2-0 victory over Cagliari.

  8. Roberto Martinez on Crystal Palace loss: ‘We didn’t have that real drive about us’

    Sep 21, 2014, 3:34 PM EDT

    Martinez AP

    Everton manager Roberto Martinez laments loss to Crystal Palace, saying that his squad lost its drive for victory.

  9. Daniel Sturridge reacts to Lampard’s equalizer against Chelsea

    Sep 21, 2014, 3:06 PM EDT

    Lampard Getty Images

    One England international paid respects to another as a legend scored an emotional goal for his new team against his old.

  10. Emotional Lampard just as shocked after pegging back ex-club Chelsea (VIDEO)

    Sep 21, 2014, 1:55 PM EDT

    Lampard AP

    We didn’t see this coming, and neither did Frank Lampard.

  11. Manchester City 1-1 Chelsea: Lampard shocks former club with late equalizer (video)

    Sep 21, 2014, 12:57 PM EDT

    Zabaleta AP

    Pablo Zabaleta’s second yellow card changed the game, but a former Chelsea legend came back to haunt them.

  12. Everton 2-3 Crystal Palace: Visitors overwhelm Goodson with deadly counters (video)

    Sep 21, 2014, 12:55 PM EDT

    PalaceEverton

    Everton started early and saw much of the ball but Crystal Palace got a few breaks and took advantage to pick up their first win of the season.

  13. Mario Balotelli mocks Manchester United on twitter

    Sep 21, 2014, 11:21 AM EDT

    Balotelli AP

    Mario Balotelli put an LOL up on Twitter at Manchester United’s expense, and subjected himself to some horrible racial abuse.

  14. VIDEO: Angel Di Maria scores stunning chip for Manchester United

    Sep 21, 2014, 10:57 AM EDT

    ManchesterUnited AP

    Despite heavy defeat, United’s new attacker scores goal of the season contender.

  15. Watch Live: Everton vs. Crystal Palace (Lineups)

    Sep 21, 2014, 10:51 AM EDT

    Everton Getty Images

    Everton has sewn the seeds for a good run of form and are hoping to build on recent success against a struggling Palace squad.

  16. Watch Live: Manchester City vs. Chelsea (Lineups)

    Sep 21, 2014, 10:42 AM EDT

    Costa AP

    Diego Costa hsa been in fantastic form to begin his Premier League career, and has the chance to fire Chelsea five points clear at the top of the table.

  17. Leicester City 5-3 Manchester United: Foxes complete comeback for the ages (video)

    Sep 21, 2014, 10:26 AM EDT

    LCFCvMUFC Getty Images

    Manchester United were left shell-shocked after blowing a 3-1 lead against Premier League minnows.

  18. Tottenham 0-1 West Brom: Baggies get off the bottom with deserved win (video)

    Sep 21, 2014, 10:22 AM EDT

    WestBrom Getty Images

    Spurs offered little as James Morrison propelled West Brom off the bottom of the table.

  19. Leeds United makes move for manager Darko Milanic

    Sep 21, 2014, 9:33 AM EDT

    Milanic Getty Images

    Championship side Leeds is dipping into Eastern Europe to find their new manager.

Featured video

Week 5: Top five Premier League goals