David and Victoria Beckham have lost £7 million in the US property crash.
The couple - who have four children, Brooklyn, 13, Romeo, 10, Cruz, seven, and 17-month-old Harper - have decided to keep their six-bedroom Beverly Hills home, despite the house declining in value to just over £4 million, five years after they bought it for £11 million.
The pair are also expected to retain the gardeners, housekeepers and cleaners there, even though they look set to return to Britain after 37-year-old Beckham left his team LA Galaxy.
A source told the Daily Mirror: "David and Victoria originally considered selling up but then had their home valued. Unfortunately, they bought it at the peak of the housing boom and before the US property crash.
"Despite spending heavily on the place over the years, it simply doesn't make sense to sell up now. They will hold on to it, use it as their Californian base and hope the market picks up."
Victoria was spotted house-hunting in London last month, which has fuelled speculation the pair are to return to the UK on a permanent basis, and David has been linked to several English Premier League clubs as well as French outfits Paris Saint-Germain and Monaco.
The source added: "It is a really exciting time for the family as Victoria's fashion career is so well established she can work from just about anywhere.
"David, meanwhile, cannot wait for a new challenge."
