Justin Bieber is waiting for the funds from the sale of his wife company to pay debts

[Teletubby 148,795]

 

Justin got a $40 million advance from AEG for his "Justice" tour, but when Justin pulled the plug on the tour early on, AEG demanded he repay them $26 million of the advance. Scooter's company agreed to pay AEG the amount owed, and Justin agreed to repay Hybe over 10 years. Justin made one payment, and then stopped.
 

Edited July 17 by Teletubby

[Teletubby 148,795]

Justin doesn't have the cash to repay the loan until the Rhode money comes in. The sale price of Rhode is around $1 billion, but there were a number of investors. Hailey gets a big chunk of the money, but Justin is also an investor. Our sources say his cut is around $50 million, so that's enough to cover the Hybe settlement.

In case you're wondering why Justin couldn't cover the debt with the $200 million sale of his catalog about 18 months ago -- our sources say there's not enough left, after taxes, managers, accountants, lawyers, spending, etc.

 

Edited July 17 by Teletubby

[Bronco 10,873]

1 minute ago, Teletubby said:

 

She puts up with far too much from him.

[dynamite 58,653]

He looks like a 45 year old wannabe redneck in that first tweet

I still would though