Friday, April 20, 2007

Money back on Beckham

Los Angeles Galaxy have claimed to have made their money back on David Beckham before he has even kicked a ball for the club.

Beckham has already earned the Major League Soccer side nearly £7million before he joins Galaxy in July at the end of his contract with Real Madrid.

Galaxy are expecting revenue to double this coming season to around £5million, having sold an additional 7,000 season tickets on the back of Beckham's arrival, worth around £2.5million, and increased the price of premium seats by 48%. The club have also signed a lucrative five year shirt sponsorship deal with Herbalife Ltd, who sell nutritional and weight-loss products, worth another £10million.

In all, Beckham's arrival should bring in an additional £7million in his first season, around £4.5million more than his annual playing contract with the club.

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