VICTORIA BECKHAM - PRICE NOT RIGHT FOR BECKHAMS

PRICE NOT RIGHT FOR BECKHAMS

It has been well-publicised in recent weeks that DAVID and VICTORIA BECKHAM are looking for a new home in Hollywood, which could well be encouraging locals to push up property prices it would appear.

After signing a reported £128 million contract to play for LA GALAXY next season, David shouldn't be short of a few bob, but it seems he has a sensible head on his shoulders.

He and Victoria have identified the Beverly Hills mansion as their dream home, but are refusing to cough up the £20 million asking price to make it theirs, the Sun reports.

A source in the US told the paper: "When you think what David's deal was to move to LA Galaxy you would think this was a drop in the ocean for them.

"But they don't want to spend that much on a Hollywood house at the moment. They are careful with investments."

The Lionsgate residence boasts a cinema, tennis courts and a two-storey guest house which would have proved perfect to put up all their showbiz chums.

Last week, it emerged the former SPICE GIRLS singer and her soccer star husband, who recently celebrated their tenth anniversary, were interested in buying MEG RYAN's old house.