Los Angeles, California - Pop star allegedly owes his former manager Scooter Braun a shocking $8.8 million, according to a bombshell report.
Justin Bieber (r.) allegedly owes former manager Scooter Braun $8.8 million over his canceled 2022 tour. © Collage: IMAGO / Cover-Images
Is the Biebs having money trouble?
According to , Justin received a massive $40 million advance for his now-canceled 2022 Justice tour.
But when the tour fell apart, things got pretty messy – very fast.
A six-month audit completed in April by PricewaterhouseCoopers (PWC) claims the Peaches hitmaker still owes Scooter over $8.8 million, per documents obtained by .
Sources say he stepped in to bail Justin out when the canceled tour left the artist owing $24 million to promoter AEG.
Scooter's company, Hybe, covered the debt, and Justin reportedly signed a 10-year commitment note to repay it.
However, Justin allegedly only made one payment before stopping.
Inside sources have revealed that Justin Bieber has a spending problem. © Collage: Screenshot/Instagram/@justinbieber
Rumors of Justin's financial struggles have been piling up for months.
Last October, TMZ reported that the pop star was considering suing his financial managers for allegedly mishandling $300 million of his fortune.
But others close to him say it's not bad advice - it's bad spending habits.
"He spends eye-watering amounts per month," one insider revealed to Page Six. "At one point, he couldn't even get a credit card."
Another source claimed, "He'll spend $300,000 at the Nobu at Coachella. He hasn't worked in a really long time."
Despite selling his music catalogue in 2022 for $200 million, concerns are running rampant about the singer's financial and .
Justin's reps have , calling the swirling accusations "clickbait stupidity" from "unnamed – and clearly ill-informed – 'sources,' disappointed that they no longer work with Justin.
