Think Of All Those Replica Jerseys Being Made!
The answer to the question of “where will he go, what will he do?” has been answered.
David Beckham next, and perhaps last, professional soccer club will be Paris St. Germain in France.
He’s signed a five-year contract, with his salary being donated to a children’s charity in France.
Beckham opted out of another year with Major League Soccer and the Los Angeles Galaxy, stepping away after leading that team to the 2012 MLS Cup championship.
Without a salary, Beckham is by no means without financial resources. He’s banked millions, and there are millions more to be made off his name and reputation, if not the quality of his play when he takes the field in Paris.
Already the London media has speculated on just how many Paris St. Germain Beckham replica jerseys will be sold. At least 150,000 reports The Daily Mail, and at $150 a pop that comes to a cool $20 million.
That’s not just sheer speculation, when one considers past markets. The Daily Mail figures over 10 million Beckham jerseys have been sold over his career, and that probably generated $1.5 billion in revenue.
Those who follow the economic climate in Europe and the high income tax in France, which has recently been in the news, can understand why he is taking no salary. The income tax in France runs as high as 75%.
The jersey deal is protected from that tax as it is expected that London-based Footwork Productions will handle all of the merchandising rights.
So while Beckham plays in France, he cashes his checks in his native England.