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| The Beckhams |
Daily mail reports the Beckhams have decided to make Los Angels their permanent home and are to put their famous English residence Beckingham Palace up for sale.
David and Victoria are having their Hertfordshire mansion, believed to be worth around £18million, valued by estate agents. And they've also decided to sell up their £2.5 million French house to cut their ties in Europe.
The couple, who are worth over £160million, love the home which holds many happy memories for them, but felt it was wasteful to hold on to it when they never visit.
Victoria said in her recent Vogue interview that she's in London she prefers to stay at The Savoy hotel, as she would have to spend four hours in the car just to get to and from the office.
'They felt is it was a waste for these beautiful homes to sit empty for months and months,' a source said.'David was recently offered a place at France's Paris Saint-Germain football club.
But reluctant to move overseas, he declined the offer for 'family reasons'. A source added: 'They don’t need the money, as such, but no longer use either place and realise in this current climate it’s crazy to effectively throw cash away. 'The Beckhams have made LA their home, and the kids are settled there.'
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