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Tuesday March 19, 2024

Britney Spears accuses father Jamie Spears of running a ‘profit center’ via conservatorship

Britney Spears hits back at dad Jamie Spears for allegedly running a ‘profit center’ from conservatorship

By Web Desk
August 01, 2021
Britney Spears accuses father Jamie Spears of running a ‘profit center’ via conservatorship
Britney Spears accuses father Jamie Spears of running a ‘profit center’ via conservatorship

Britney Spears has officially filed a petition with the courts to have her father removed from the conservatorship on the grounds that he’s been profiting off his role as her conservator, for years.

The document submitted to the courts includes details of Jamie Spears’ spending habits and according to Yahoo Finance, he receives $16,000 in monthly allowances, as well as $2,000 a month for office expenses.

This monthly payment plan also includes a 1.5% gross revenue collected by the singer’s Las Vegas residency bought out at $137.7 million, from which Jamie's cut alone is at least $2.1 million.

According to the lawyer that filed this appeal to court, Benny Roshan, “This is a profit center for him.”

The entirety of Britney’s legal team has also pushed the idea of a potential ‘direct financial incentive’ Jamie appears to have tangled up in his daughter’s finances.