David and Victoria Beckham have recently made the announcement that they are going to be leaving the United Kingdom permanently in favour of Los Angeles. They are also reportedly selling their homes in France in addition to their £18 million UK property.
A source close to the couple has recently commented, “They have been wanting to sell their home for some time now. They were nervous about putting the house up for sale when the property market was in a slump and they just recently made the decision that the time for the sale was right.
It is still the case that they have lost money on the property because they conducted a great deal of renovations but I don’t think money is something they are too concerned about.”
They purchased the home, which is located in Hertfordshire, in 1999 for a reported £2.5 million. However, in this time they’ve spent over £18 million on renovations. The home now includes a petting zoo, gym, studio, swimming pools as well as tennis courts. It has also been reported that Victoria Beckham intends to buy an apartment in London to act as a base for when she is in the city for work.

David Beckham says he believes that the FIFA executive committee will base their decision on the World Cup bids on the merits. He made these remarks after suggestions that perhaps the committee would hold a grudge against England for the media exposure of the two corrupted officials found out earlier in the process.
Although David Beckham may no longer play England football, he was still named the most powerful celebrity in the UK according to Cebra and Milward Brown celebrity research. The research group asked 2,000 consumers in the UK, 100 brands, and 100 celebrities to identify the most powerful celebrity and brand partnership in an effort to explore who has the best potential in the marketplace.