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David Beckham finally agrees deal to donate £3.4m PSG wages to French children's charities

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Two French children’s charities are about to receive a €4m (£3.4m) windfall from David Beckham, The Independent understands.

The former England captain promised that all his earnings while playing for Paris Saint-Germain – rumoured to be around €200,000 (£170,000) a week – would go to a children’s charity in the Paris area.

After lengthy wrangling with the French fiscal authorities, a deal has finally been reached on how the money can be handed over without landing the football club – or Beckham – with a large tax bill.

The money will be shared by the charity arm of the Necker Children’s Hospital in Paris and an association which sends “fun buses” packed with games and educational activities to children’s wards of French provincial hospitals.

At his introductory PSG press conference at the Parc des Princes on 31 January, Beckham said: “It’s something I’m not sure has been done before, and it’s something I’m very passionate about, children and the charity side of things, and so are the club.”

Since then, little has been said on the subject. The delay is believed to be due to tax issues.