It says: 'The company's principal activity is the provision of the services of David Beckham. The directors are pleased with the result for the year.
'The company is currently renegotiating certain contracts. A successful conclusion to these negotiations is expected and this would result in additional royalty income being payable to the company of £1.4million.' A financial expert said: 'If you are David Beckham, this makes very happy reading. The business has gone from strength to strength and shows every sign of continuing.
'For a footballer who has just turned 30, getting to the end of his playing career they are absolutely amazing figures. The scandal that dogged him through 2004 has not impacted his earning potential.'
Beckham paid himself around £7million from his company's profits in 2003, but took nothing in 2004. He has since jettisoned seven smaller sponsorship deals in Britain and Japan in favour of five larger ones, including Adidas, Pepsi and Gillette.
Although he has fewer deals, they are more lucrative, a source said. Beckham earned £10million in ten days on his tour of the Far East in 2003.
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