Football star bars with fitness company

Former England football star David Beckham was thrown into turmoil when F45, a popular global fitness brand co-owned by actor and entrepreneur Mark Wahlberg, allegedly failed to pay for their part of a contractual agreement to help develop the brand. to The New York Times.

Mr. Beckham, who is now suing the training company of which Mr. Walberg owns 36%, claims in his lawsuit that “F45 has significantly benefited from the relationship with Beckman, which has increased F45’s public profile and credibility,” resulting in the value of the company. skyrocketing in value three times since its 2021 IPO.

While Mr Beckman claims F45 has failed to pay out the “substantial cash and stock compensation” set out in their original agreement, F45 says the football star cannot spin the story of a failed contract, arguing in lawsuits that Mr. Beckham has not fully fulfilled his obligations and that he is “trying to profit from his own misdeeds and has unclean hands”, according to The New York Times.