David Beckham Bankrupt? How He Got to the Brink of the Poor House

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David Beckham Bankrupt? How He Got to the Brink of the Poor House

Startling news broke this morning when it was made public that international soccer star David Beckham and his former pop star wife Victoria had a financial reality check.

According to reports, the famous couple were told that their glitzy lifestyle was costing them huge amounts of their personal wealth. The reported quote from their accountant says they are spending money "down the drain."

To the average person, it seems unfathomable that a couple of their wealth could be in financial trouble, but that is reportedly the case.

Beckham, who signed a five-year, $250 million contract with Major League Soccer, and his wife are now in the midst of slashing expenses. But more important, how could the power couple reach this point? Here is a look at what factors are contributing to their financial gut check.

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