London’s Mirror reports that the ruler of Dubai offered Victoria Beckham $40 million to help design a luxury hotel.

Sheik Mohammed bin Rashid al-Maktoum personally wrote Beckham an email explaining his offer, the story says.

He reportedly asked her to put her name on the hotel and consult on the choice of room design and furnishings.

The hotel would be on Isla Moda, a fashion-themed island on The World which, it was announced in 2007, was being developed with the help of Karl Lagerfeld.

“Even in these credit-crunched times, the fee offered to Victoria was astronomical. She was absolutely stunned,” an unnamed source told the Daily Mirror.

Source: USAtoday