David Beckham is taking legal action against Mark Wahlberg over a fitness deal that Beckham alleges resulted in a loss of one million dollars in profit.
Reportedly, the former England footballer had signed on to serve as a global ambassador for Wahlberg’s fitness brand, F45. However, Beckham’s company, DB Ventures Ltd, asserts that it was misled into collaborating with F45.
Wahlberg and Beckham supposedly developed a friendship following Beckham’s move from Real Madrid to LA Galaxy in 2007, as they resided in the same neighborhood. In 2019, Wahlberg acquired a minority stake in F45, and the following year, Beckham agreed to collaborate with the brand.

As part of his ambassador role, Beckham was featured in various social media posts promoting F45, which have since been removed. However, the crux of the legal dispute lies in a different aspect of their agreement.
Beckham’s representatives claim that he was promised shares in F45 as part of the deal. Allegedly, when it came time to transfer the shares in 2022, there was a delay of several months. During this period, the shares experienced a significant decline in value, resulting in a substantial loss for Beckham had they been transferred and sold earlier.
At the beginning of 2022, F45 shares were valued at around $11, climbing to $15 in February but sharply dropping to $4 by mid-year. Beckham’s representatives assert that this delay may have cost him up to $10.5 million in profits due to the stock’s decline.

F45 founders Adam Gilchrist and Rob Deutsch, along with Wahlberg’s business, the Mark Wahlberg Investment Group, are named as defendants in the lawsuit. The defendants have sought dismissal of the case, arguing that the allegations of fraudulent conduct are unfounded and lacking in merit.
Previously, Beckham had filed a case with golfer Greg Norman, but a judge instructed them to file separately. Shares in F45 have continued to decline, currently priced at just 15 cents a share.