Justin Bieber’s Team Responds to Explosive Debt Allegations

Justin Bieber has wasted little time responding to latest claims that he’s broke and owing tens of millions of {dollars}.

On Wednesday, a tabloid printed an article by which one in all Bieber’s former staff claimed he was tens of millions in debt following his Justice World Tour cancellation in 2003.

The claims in opposition to Bieber and his staff’s response mark the newest growth within the singer’s life amid stories of marital tensions and up to date cryptic social media posts.

The “Goal” singer’s staff moved swiftly to rebuff claims that he owed enormous sums.

They did so by way of a press release Us Weekly obtained. Bieber’s staff started by slamming these peddling such rumors.

They mentioned, “That is simply clickbait stupidity primarily based on unnamed — and clearly ill-informed — ‘sources,’ disenchanted that they not work with Justin.”

The assertion continued, “As Justin forges his personal approach ahead, these pointless tales and inaccurate assumptions will proceed. However they will not deter him from staying dedicated to following the correct path.”

In one other assertion, Bieber’s staff instructed The Hollywood Reporter, “Any supply that’s making an attempt to promote you a narrative about alleged monetary misery … both would not perceive the leisure trade or, extra doubtless, is making an attempt to color an unflattering portrait of Justin, which bears no resemblance to actuality.”

Bieber’s staff’s assertion was in response to an article printed by The Hollywood Reporter titled, “Justin Bieber’s Disaster of Religion?”

The article alleged that Bieber remains to be tormented by a number of monetary penalties attributable to the cancellation of his tour in February 2023.

Bieber was initially scheduled to go on tour in 2020, however these plans needed to be delayed because of the COVID-19 pandemic.

One other delay adopted in 2022 after the “By no means Say By no means” crooner was recognized with Ramsay Hunt syndrome, which induced his face to be paralyzed.

It was additionally alleged that Bieber owes tour promoter AEG a major sum, estimated to be $20 million, with insiders claiming he was given a $40 million advance for the tour.

The article alleged, “So far, Bieber has solely returned a portion of what he borrowed.” A number of sources additionally claimed that the singer is “overstretched” financially.

In January 2023, Justin Bieber made headlines by promoting the rights to his complete music catalog for a reported $200 million.

The deal coated his publishing rights, recorded music, grasp recordings, and all the things he had launched earlier than 2022, roughly 290 songs.

Whereas a number of stories recognized Hipgnosis Songs Capital as the client, the transaction stirred buzz past its hefty price ticket.

In line with The Hollywood Reporter, the preliminary provide was round $140 million. Nonetheless, Bieber’s staff, which on the time included his former supervisor Scooter Braun, negotiated the next value.

The profile famous that Bieber’s representatives seen the deal as a approach to make sure the artist had “monetary safety” for an prolonged interval.

Justin Bieber has dominated information headlines for varied causes in latest instances.

In March, The Blast reported that Bieber’s private assistant and property supervisor, Mateo Caldas, had reportedly stop and was specializing in his performing profession.

Caldas’s determination to maneuver on got here amid stories that Bieber had reduce ties with some bodyguards and drivers since welcoming his son, Jack Blues, whom he shares along with his spouse, Hailey Bieber.

Earlier than that, Bieber additionally parted methods along with his former supervisor, Scooter Braun, with insiders noting that he had a “tighter” staff than ever earlier than.