[Report] Britney Spears' Former Managers Earned $18 Million After Helping Dad Jamie To Create Conservatorship

[Report] Britney Spears' Former Managers Earned $18 Million After Helping Dad Jamie To Create Conservatorship
According to Britney Spears' attorney, Tri Star Sports and Entertainment, the singer's former business manager, had a "significant role" in creating her 13-year conservatorship and profited by at least $18 million from it. Michelangelo Di Battista/Sony/RCA via Getty Images

Britney Spears' lawyer claims that the singer's former business manager Tri Star Sports and Entertainment had a significant role in creating her 13-year conservatorship and got at least $18 million from it.

Spears' legal representative Mathew Rosengart claims in a new filing obtained by The Hollywood Reporter that Tri Star and its employees, including founder Louise "Lou" Taylor and Robin Greenhill - who served as the singer's business management team from 2008 to 2020 - were directly involved in facilitating the conservatorship.

Britney Spears Ex-Manager Allegedly Received $18 Million

Both the business and Greenhill, which was hired by Spears' father and former conservator, Jamie, have said that they had no involvement in the process. The legal records pertaining to a sequence of emails were purportedly made between Taylor, Jamie, and his lawyer, Geraldine Wyle, discussing the conservatorship's installation in February 2008.

Jamie's position as Britney's conservator was terminated in September 2021. Taylor allegedly wrote in one of those claimed emails received on Jan. 17, 2008, that Andrew Wallet, who had been hired to assist the singer's father in managing her estate, and Tri-Star would function as co's with Jamie.

The filing also claims that Mr. Spears had an intimate friendship with Taylor, to whom he owed at least $40,000 at the time, and that QuickBooks software provided to investigative consultant Kroll Associates, Inc. shows that Mr. Spears and Tri-Star received more than $6 million and $18 million, respectively, from Ms. Spears' Estate.

Rosengart engaged Kroll to examine Tri Star's activities in relation to the singer's conservatorship, according to Hollywood Reporter.

Jamie, who turns 70 on Wednesday, allegedly bugged Britney's bedroom, and Taylor's assistant Robin Greenhill watched all of her conversations using a secret shared iCloud account, according to the 2021 documentary Framing Britney Spears.

The next scheduled hearing for Spears and her counsel is on July 13 in the Los Angeles Superior Courthouse. Following their June 9 wedding, the former Mouseketeer is on honeymoon with her third husband, Sam Asghari, and they want to continue to try to extend our wonderful family after suffering a loss on May 14.

Britney Spears' True Relationship With Her Father

Britney first met the 28-year-old Iranian on the shoot of her Slumber Party music video in October 2016. Spears will next appear as a mystery in HBO's six-episode miniseries The Idol, directed by Sam Levinson, Reza Fahim, and The Weeknd.

According to Page Six, the Mississippi-born beauty reportedly secured a $15 million contract with Simon & Schuster in February to write her tell-all memoir. Britney Spears' conservatorship was dissolved by a judge in November after 13 years of her 69-year-old father Jamie Spears controlling her $60 million in money and personal affairs.

In the months leading up to the end of the arrangement, Britney revealed the truth about her connection with Jamie, as well as her mother Lynne and sister Jamie Lynn. She has accused her family of exploiting her during the demoralizing and demeaning conservatorship, "even going so far as to declare they should be imprisoned for what they did to me."

Jamie was awarded temporary conservatorship of his daughter in 2008, after the singer made headlines for her erratic conduct, including the infamous head-shaving episode, and finally had a mental breakdown.

Even though it was initially intended to be temporary, the conservatorship was extended indefinitely, keeping Britney under her father's authority for the next 13 years. Though Britney previously stated that the conservatorship felt "exactly like Groundhog Day every day," the Lucky singer rarely discussed the arrangement or the amount of her father's participation in her financial, personal, and business affairs.

Jamie will resign immediately as conservator in 2019, claiming personal health concerns. Jodi Montgomery, a seasoned conservator, would temporarily take over his responsibilities. Jamie and Britney's obvious feud became public when the performer protested against his staying as her conservator the next year, threatening to stop performing if he stayed in charge. Britney's counsel stated that she was afraid of her father, a notion that will be reflected in her devastating court statement in July 2021, Daily Mail reported.

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