Congratulations are seemingly in order for David Beckham and Victoria Beckham — they’re allegedly expecting their fifth child! According to a new report, the A-list couple is “over the moon with excitement” to be welcoming another little family member next March. 

“They recently gathered close friends for a get-together and proposed a toast,” an insider revealed to OK! in the magazine’s latest issue, on newsstands now, adding that everyone was given champagne except Victoria. “Then David, with a few tears in his eyes, made the announcement that they’re having baby number five.”

“They are completely over the moon with excitement. They both feel blessed,” the source shared, noting that the Beckhams’ inner circle is buzzing that the baby is a girl. 

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This baby couldn’t come at a better time for the pair who’ve recently battled rampant split rumors. “Whenever they have problems, they add to the family. It’s been a tried-and-true method for them over the years,” the insider said. 

“[They are the] happiest and most in love with each other [when they’re expecting]. David loves when Victoria is pregnant — she glows and is more at peace. And she adores how attentive he is,” the source continued. 

Though David, 43, and Victoria, 44, are said to be thrilled with the news, their four kids — sons Brooklyn, 19, Romeo, 16, and Cruz, 13, and daughter Harper, 7 — are allegedly a bit torn over welcoming a new baby into the family. “Brooklyn was in shock when they told him he was going to have another sibling. Romeo and Cruz were thrilled, and little Harper seemed excited, but also a little confused. It was very cute,” the insider revealed. 

Now that baby No. 5 is reportedly on the way, David and Victoria’s friends are starting to place bets on what the child’s name might be. “Everyone thinks that if they have a daughter, they’ll name her Caroline — which is Victoria’s middle name,” the source said, adding that David would love to pay tribute to his wife. “Naming their little girl Caroline would be the perfect way to do it.”