David Beckham suing Mark Wahlberg for $10 million over F45 Training deal

Sports entertainment

David Beckham is suing Mark Wahlberg for alleged losses after a brand deal with F45 Training, in which the Hollywood star has a 36 percent stake and is the brand director.

The soccer star’s company DB Ventures claims Beckham was “duped” by Wahlberg, according to The Sun.

Beckham claims he lost $10 million out of his own pocket when the shares promised to the legendary footballer were only returned to him after the price fell.

David Beckham is suing Mark Wahlberg over an F45 training contract he had with the actor. Getty Images

It is also suing Wahlberg’s investment company – Mark Wahlberg Investment Group – as well as F45 founders Adam Gilchrist and Rob Deutsch, who launched the company in 2012 in Australia.

The 48-year-old English football star has agreed to be a global ambassador for F45 – a chain of fitness centers in 60 countries, including the United States, which “offers innovative, high-intensity, fast-paced functional group workouts , fun and getting results. -driven” – when he moved to Los Angeles.

Beckham had appeared in several F45 social media posts promoting the brand, but those posts have since been deleted.

Wahlberg and his co-defendants are asking a judge to dismiss the case and declare the allegations of “fraudulent conduct” to be without merit.

In their motion to dismiss, they claimed that Beckham was placing the blame on everyone but himself.

“SAC’s 209-page, 610-paragraph complaint attempts to make up in length what it lacks in merit,” part of the motion reads, according to The Sun.

Mark Wahlberg
Mark Wahlberg is the Brand Director of F45 Training. Getty Images

Beckham and Wahlberg reportedly became friends after the former Manchester United and Los Angeles Galaxy star moved to the same Los Angeles neighborhood in 2007.

Wahlberg purchased a minority stake in F45 through his investment company alongside FOD Capital in 2019.

Beckham had first tried to sue alongside LIV Golf CEO Greg Norman, who had his own problem with the F45, in 2022 in a California court, but a judge ruled they had to sue separated.

F45 announced the partnership with Beckham in 2021 and Beckham said in a statement at the time that it was Wahlberg who brought him on board.

“I have been a fan of the F45 franchise and the drive model since my friend Mark Wahlberg introduced it,” Beckham said.

Load more…

https://nypost.com/2024/04/21/sports/david-beckham-suing-mark-wahlberg-for-10-million-over-f45-training-deal/?utm_source=url_sitebuttons&utm_medium=site%20buttons&utm_campaign=site %20buttons

Copy the URL to share

Gn entert
News Source : nypost.com


With a penchant for words, Eleon Smith began writing at an early age. As editor-in-chief of his high school newspaper, he honed his skills telling impactful stories. Smith went on to study journalism at Columbia University, where he graduated top of his class. After interning at the New York Times, Smith landed a role as a news writer. Over the past decade, he has covered major events like presidential elections and natural disasters. His ability to craft compelling narratives that capture the human experience has earned him acclaim. Though writing is his passion, Eleon also enjoys hiking, cooking and reading historical fiction in his free time. With an eye for detail and knack for storytelling, he continues making his mark at the forefront of journalism.
Back to top button