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Mathew Knowles denies stealing from Beyonce

By | Published on Wednesday 13 July 2011


A new lawsuit filed by Beyonce’s father Mathew Knowles has shed some light on why the singer stopped using his management services earlier this year. When it was announced that Ms Knowles’ father would no longer manage her career in March no real reasons were given for the decision.

Speaking to Associated Press at the time, Beyonce said simply: “I am grateful for everything he has taught me. I grew up watching both he and my mother manage and own their own businesses. They were hardworking entrepreneurs and I will continue to follow in their footsteps”.

However, it seems the father and daughter’s professional relationship may have collapsed after the former was accused of stealing money from the latter, seemingly out of tour revenues. According to legal papers filed by Knowles Snr, seen by TMZ, it is revealed that it was Beyonce’s tour promoter Live Nation which claimed that he “had stolen money from Beyonce on her most recent tour or otherwise taken funds that [he] was not entitled to”.

Knowles Snr denies the claims and in his lawsuit is calling for a judge to take depositions from Live Nation employees to discover how they arrived at their conclusion that theft had taken place. He argues that the company gave his daughter false information in order to be able to take a larger cut of her touring revenues for themselves.

But, according to Billboard, when Live Nation first made the allegations against Knowles Snr, Beyonce’s lawyers conducted their own audit of the singer’s finances and also determined that her father had taken money not entitled to him.

Neither Live Nation nor Beyonce have as yet responded to the new lawsuit.