By Elsa Baxter
Posh Spice not yet accepted $40.5m hotel deal, sources close to celeb reveal - report.
Victoria Beckham has been offered a £25million ($40.5million) deal to design a luxury hotel in Dubai, sources have revealed.
“Even in these credit-crunched times, the fee offered to Victoria was astronomical. She was absolutely stunned,” an unnamed source told the UK’s Daily Mirror.
“She was asked to put her name to the hotel and help with everything from room design to the make of the wardrobes and furnishings.”
The source told the paper Posh Spice was offered the deal after holidaying in Dubai last year with her husband David.
The hotel will be located on a fashion-themed island called Isla Moda off the Dubai coast, which is part of The World development, the paper said. It will be designed by the 35-year-old former pop singer and the designer Karl Lagerfeld.
Posh, a mother of three boys, has not yet accepted the offer.
“She’s not just going to put her name to anything for money. It has to be a fantastic project,” the source told the paper.
“The parties have been emailing each other for a number of months. The sum offered was incredible and Victoria obviously loves Dubai.”
Last night a spokeswoman for Beckham told the paper: “Victoria is always keen to look at ways of growing her business but for now her focus is New York fashion week next month.”
I doubt that this sum has been RECENTLY offered to Victoria. Dubai Infinity Holdings, the owner of Isla Moda, is in a similar situation as other GREs in Dubai and will most likely have deferred the project... Would be useful if Arabian Business took the effort to add some commentary to these stories highlighting who owns the project and the possibility of a story being true (or not) keep up the good work..
Can't the developers afford a real architect. This unrealistic expectation of talent from the talentless and ill educated is unbelievable, surely Dubai has learnt its lesson over the past few years. signed "never really surprised"
I want to know what qualifications does Victotria have to engage in such a project. Dubai is the leader of first class hotels in the world, Emirates Palace, Burj Al Arab, Yas Hotel, there are beautiful professenional interior in the emirates, this is a massive project, just stroll along to Burlesque Gallery No.6 Al Wasl Road, and see some of the beautiful interiors of east meets west. Veronica Chapman Director British Property. Met Hotel,szr/Dubai
What is The World coming to? For 10% of that fee the developer could appoint a professional design consultant who do a much decent job. It looks like some people here still thinks that name sells even though they have no substance. It's so sad to see that lessons have not been learnt about paying for unecessary extravagance especially to someone who must always be in the limelight...sigh!..........
Please, April Fools day is still 3 months away! check your calendars guys !
I can think of 40 million BETTER ways to spend $40 million.
you guys do realize this was published in the Mirror, UK? Shame on Arabian Business for not verifying its contents before republishing and i pity all these commentators who are getting worked up and think this is real news. Celebrities often provoke these kinds of rumors in order to stay in the news and unfortunately the way dubai has positioned itself all kinds of celebs feed of its rumors.