Mathew Knowles Denies Stealing Money from Beyoncé

  /  07.11.2011

Mathew Knowles and Beyoncé

Beyoncé severed ties with her father-manager earlier this year and now details are surfacing on what may have led to their split. Legal documents filed by Mathew Knowles claim that Beyoncé was under the impression that her father stole money from her.

According to Mathew, Live Nation Entertainment wanted a piece of Beyoncé’s 2011 world tour. TMZ has obtained papers where Mathew reveals that Live Nation told his daughter that he “had stolen money from Beyoncé on her most recent tour or otherwise taken funds that [he] was not entitled to.”

While Mathew denies the accusations, Beyoncé had her law firm conduct an audit. They determined that he had indeed taken money from her. Upon learning about this, Beyoncé reportedly fired her father as her manager. After he was fired, Mathew claims that Beyoncé hired a manager who had previously worked at Live Nation.

In order to clear his name of the theft accusations, Mathew wants the judge to allow him to depose select employees at Live Nation to find out just how they came to their conclusion.

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