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Is this why Posh Spice won't be at the Spice Girls reunion?

Seven months ago, we were treated to this iconic photo of the Spice Girls hanging out together.

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Image Source: Instagram

The photo prompted many rumours about a Spice Girls reunion, backed up by claims from Mel B (Scary Spice) herself.

Now it's being reported the girl group have locked in plans to play a couple of shows in the UK next year (they've never toured Australia, maybe they should do that first... Just sayin').

There are multiple claims Victoria Beckham (Posh Spice) is not on board with the reunion, but it might not have been entirely her decision.

via GIPHY

Apparently investors of Beckham's fashion business have advised her that the reunion is not a good idea for her brand.

The Daily Mail reports that her investment partners have told her it would be "counter productive" to join her band mates on tour.

The Daily Mail has quoted a source saying:

“She was up for it but, after meetings with her investors, she now understands the potential ramifications if she was to take part. It could very much be viewed as tacky and there is a chance that Victoria will be destroyed for not being able to sing."

via GIPHY

It is reported Beckham's business had a total loss of $14.9 million in 2017, before a new investment company, NEO, jumped on board.

Hopefully she can still have a cameo!