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Thread started 03/02/11 10:39am

Deadstar

Prince could lose home for failing to pay 3million!

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Reply #1 posted 03/02/11 10:41am

Astasheiks

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Mercy, is ole boy developing a Charlie Sheen mentality??? eek

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Reply #2 posted 03/02/11 10:41am

nursev

sad Hope he works it out.

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Reply #3 posted 03/02/11 10:43am

Astasheiks

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Looks like some City is definitely getting more concerts! lol

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Reply #4 posted 03/02/11 10:43am

nursev

Astasheiks said:

Looks like some City is definitely getting more concerts! lol

lol DFW again please lol

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Reply #5 posted 03/02/11 10:54am

CocoRock

*waits for the Purple Apologist Crew to arrive*
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Reply #6 posted 03/02/11 10:58am

RubyButterfly

When it purple rains, it pours.

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Reply #7 posted 03/02/11 11:00am

RubyButterfly

"If the court rules in the company's favour then MCD could potentially try and seize Prince's family home in Minneapolis..."

What house would that even be, I wonder?

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Reply #8 posted 03/02/11 11:02am

Genesia

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Damn content filter. pout

We don’t mourn artists because we knew them. We mourn them because they helped us know ourselves.
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Reply #9 posted 03/02/11 11:13am

vitriol

I hope he finally bites the dust.

He really deserves some hard punishment (and his purse is the most aching point for him).

He loves to charge money even for the air that is fortunate enough to be breathed by him, but always fails with his payment obligations.

As I said many times before, he's the meanest and most despicable artist I've ever read about.

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Reply #10 posted 03/02/11 11:15am

Efan

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Deadstar said:

Oh dear.... http://www.music-news.com...emID=39703

From the link:

Prince could lose his home for failing to pay $3 million for pulling out of a concert in Ireland.

The pop legend cancelled his sold-out appearance at Croke Park, Dublin, just 13 days before it was due to take place on June 16, 2008, without giving any explanation, leaving promoters MCD facing the bill to refund 55,000 tickets.

The company's owner Denis Desmond took legal action against the 'Purple Rain' singer and the case went to Dublin's Commercial Courts in February 2010 where it was settled after a four-day hearing, with the musician's legal team agreeing to pay over $2 million in damages and almost a million dollars in legal costs.

However, the sum was never paid by the initial March 2010 deadline and Denis and MCD were then granted a European Enforcement Order Certificate allowing them to pursue Prince's assets under EU law.

In documents obtained by the Irish Times newspaper, MCD have received a preliminary attachment of approximately $957,000 held in bank accounts by the 52-year-old singer in France and Portugal but have received no money from the star.

The businessman has now filed papers in Los Angeles Superior Court to allow him to pursue his assets in the US to cover the initial settlement fee plus eight per cent interest on the original sum which would add a potential $240,000 to the total figure.

If the court rules in the company's favour then MCD could potentially try and seize Prince's family home in Minneapolis and his personal wealth.

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Reply #11 posted 03/02/11 11:15am

Spinlight

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vitriol said:

I hope he finally bites the dust.

He really deserves some hard punishment (and his purse is the most aching point for him).

He loves to charge money even for the air that is fortunate enough to be breathed by him, but always fails with his payment obligations.

As I said many times before, he's the meanest and most despicable artist I've ever read about.

I literally have never, not once, read about a star with as much financial problems as Prince. And by problems, I mean that he refuses to pay his bills and is constantly getting press for it.

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Reply #12 posted 03/02/11 11:15am

TheDigitalGard
ener

Prince is an irresposible little tit, i'd throw the book at him.

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Reply #13 posted 03/02/11 11:19am

ParanoidAndroi
d

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TheDigitalGardener said:

Prince is an irresposible little tit, i'd throw the book at him.



lol
Kill All Hipsters

I'm not living, I'm just killing time.
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Reply #14 posted 03/02/11 11:22am

dalsh327

It's more likely he has to deal with a class action lawsuit if Prince has debts against different people he still owes.

A European concert promoter trying to seize Prince's assets is kind of ridiculous.

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Reply #15 posted 03/02/11 12:45pm

Astasheiks

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Not if you read the article....

"In documents obtained by the Irish Times newspaper, MCD have received a preliminary attachment of approximately $957,000 held in bank accounts by the 52-year-old singer in France and Portugal but have received no money from the star.

The businessman has now filed papers in Los Angeles Superior Court to allow him to pursue his assets in the US to cover the initial settlement fee plus eight per cent interest on the original sum which would add a potential $240,000 to the total figure.

If the court rules in the company's favour then MCD could potentially try and seize Prince's family home in Minneapolis and his personal wealth."

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Reply #16 posted 03/02/11 12:50pm

muskiediver

Genesia said:

Damn content filter. pout

[Bait removed - Mars23]

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Reply #17 posted 03/02/11 12:59pm

Genesia

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[Bait removed - Mars23]

We don’t mourn artists because we knew them. We mourn them because they helped us know ourselves.
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Reply #18 posted 03/02/11 1:05pm

metallicjigolo

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[Bait removed - Mars23]

Prince did an interview with a woman at Record World. They talked about whatever, then he asked her: "Does your pubic hair go up to your navel?" At that moment, we thought maybe we shouldn't encourage him to do interviews.
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Reply #19 posted 03/02/11 1:16pm

purplemookiebu
t

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i went to all 6 nyc shows. does that even cover a glass of wine for him?? one dinner?

yoda i don't wear a cross?!!? i wear a prince symbol prince guitar wacky nutty I When Prince's cum dries, diamonds are formed. lol eek drooling no one tops prince in concert!
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Reply #20 posted 03/02/11 1:22pm

wonder505

I'm thinking at this point he may have a hard time hiring anyone to manage his money for fear they may not paid. yikes.!!! I hope it all works out.

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Reply #21 posted 03/02/11 1:25pm

Graycap23

wonder505 said:

I'm thinking at this point he may have a hard time hiring anyone to manage his money for fear they may not paid. yikes.!!! I hope it all works out.

.....humm maybe those that manage helped themselves 2 some of his cashe.

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Reply #22 posted 03/02/11 1:26pm

Spinlight

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It is interesting to note that Prince has money socked away in France and Portugal.

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Reply #23 posted 03/02/11 1:27pm

rap

vitriol said:

I hope he finally bites the dust.

He really deserves some hard punishment (and his purse is the most aching point for him).

He loves to charge money even for the air that is fortunate enough to be breathed by him, but always fails with his payment obligations.

As I said many times before, he's the meanest and most despicable artist I've ever read about.

I think he needs to be taught a lesson ... But not bite the dust, maybe just lick it a little.

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Reply #24 posted 03/02/11 1:45pm

QuasarOfRock

I guess the Holy Scriptures don't contain any clear guidelines for paying what you owe and paying on time.

shrug

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Reply #25 posted 03/02/11 1:46pm

Spinlight

avatar

rap said:

vitriol said:

I hope he finally bites the dust.

He really deserves some hard punishment (and his purse is the most aching point for him).

He loves to charge money even for the air that is fortunate enough to be breathed by him, but always fails with his payment obligations.

As I said many times before, he's the meanest and most despicable artist I've ever read about.

I think he needs to be taught a lesson ... But not bite the dust, maybe just lick it a little.

falloff

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Reply #26 posted 03/02/11 1:55pm

IamFunkay7

Good Lord, March 2011 is not his month! My God it's like a never ending story disbelief But some people have to learn the hard way.

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Reply #27 posted 03/02/11 2:13pm

muskiediver

[Bait removed - Mars23]

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Reply #28 posted 03/02/11 2:18pm

eyewishuheaven

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In my head, I keep hearing Prince's own voicing shouting "wake up, wake up!" from the end of 'Dreamer'.

Prince, pay up now. That shit ain't gonna smell any better tomorrow.

PRINCE: the only man who could wear high heels and makeup and STILL steal your woman!
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Reply #29 posted 03/02/11 2:24pm

Chiquetet

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RubyButterfly said:

When it purple rains, it pours.

lol Although this is basically just the next installment of the same legal drama that he's had going on for some time right?

It does seem that it's a choice Prince makes, which is to not pay bills unless he absolutely has to (ie. should the court rule against him and make moves to take his house - which it almost certainly will not - then he'll pay up).

I don't think he actually gives much consideration to that side of things at all - I suspect we worry about it more than he does wink

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