Feb 5, 2013, 11:13 AM EDT
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.
Jul 24, 2014, 7:10 PM EDT
Balotelli, Honda, Muntari, and more from the Rossoneri’s N.Y. training.
Jul 24, 2014, 7:04 PM EDT
Pinto will depart after failing to come to new terms with the federation.
Jul 24, 2014, 6:12 PM EDT
After appearing three times at Brazil 2014, Besic is set to add depth behind Gareth Barry and James McCarthy.
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Jul 24, 2014, 4:08 PM EDT
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Jul 24, 2014, 2:50 PM EDT
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Jul 24, 2014, 2:09 PM EDT
The rags-to-riches defender steps away from the pitch, at least as a player, while reflecting on his career journey from North America to Europe and back.
Jul 24, 2014, 1:46 PM EDT
Herrera chats exclusively to PST: “If we are a humble team and we work hard, we will achieve our objectives and we will win trophies.”
Jul 24, 2014, 1:26 PM EDT
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Jul 24, 2014, 1:00 PM EDT
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Jul 24, 2014, 12:47 PM EDT
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Jul 24, 2014, 12:15 PM EDT
Goran Milanovic is hoping the former American prodigy chooses to revitalize his career with FK Jagodina in the Serbian top flight.
Jul 24, 2014, 12:00 PM EDT
One of the best stories is United States men’s soccer history is about to move past the “playing career” chapter.
Jul 24, 2014, 11:47 AM EDT
How big of a deal is the Chelsea legend signing for New York City FC? It’s up there.
Jul 24, 2014, 11:14 AM EDT
Lampard: “I want to test myself, carry on challenging myself, I want to be that leader and that person on and off the pitch that can make things happen for this club.”
Jul 24, 2014, 10:51 AM EDT
The 36-year-old becomes New York City FC’s fourth player.
Jul 24, 2014, 10:25 AM EDT
The Manchester United boss proves that even Premier League training sessions sometimes echo your experiences on a youth travel team.
Jul 24, 2014, 10:09 AM EDT
The Reds striker spends some time with the NBCSN broadcast crew during Liverpool and AS Roma’s ‘Football at Fenway’
Jul 24, 2014, 9:29 AM EDT
The Ecuadorian star winger, 24, joins Gylfi Sigurdsson and Bafetimbi Gomis as players to beef up Garry Monk’s attack
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