Supporting facts to Britney going broke!

[2Xist]

Britney Spears and husband Kevin Federline have borrowed $5 million as speculation grows that their spend, spend, spend lifestyle is causing a cash crunch.

Two loans for $4 million and $1 million were taken out in May against their Malibu, Calif., mansion. No details have emerged for the reason behind the bank payout, but rumors have been swirling over the couple's finances.

Pregnant Britney, 23, has put her career on hold as she prepares for motherhood. And while she is a multimillionaire, much of her cash is tied up in real estate.

In addition, their eight-bedroom, eight bathroom Malibu house is undergoing expensive renovations. And to add to their bills, the couple have been living it up in $3,000-a-night hotel suites in L.A.

According to New York columnist Cindy Adams, such a free-wheeling lifestyle is taking its toll on Britney's bank accounts. Federline, 27, also has to pay support to his two children with ex-girlfriend Shar Jackson.

Said Adams: "She's a kid, not used to budgeting... and, suddenly, not only is she the [sole] support, she's also supporting Kevin's prefabricated family."

[skylar99]

Said Adams: "She's a kid, not used to budgeting... and, suddenly, not only is she the [sole] support, she's also supporting Kevin's prefabricated family."

:laugh:

[Delancey]

Britney Spears and husband Kevin Federline have borrowed $5 million as speculation grows that their spend, spend, spend lifestyle is causing a cash crunch.

Two loans for $4 million and $1 million were taken out in May against their Malibu, Calif., mansion. No details have emerged for the reason behind the bank payout, but rumors have been swirling over the couple's finances.

Pregnant Britney, 23, has put her career on hold as she prepares for motherhood. And while she is a multimillionaire, much of her cash is tied up in real estate.

In addition, their eight-bedroom, eight bathroom Malibu house is undergoing expensive renovations. And to add to their bills, the couple have been living it up in $3,000-a-night hotel suites in L.A.

According to New York columnist Cindy Adams, such a free-wheeling lifestyle is taking its toll on Britney's bank accounts. Federline, 27, also has to pay support to his two children with ex-girlfriend Shar Jackson.

Said Adams: "She's a kid, not used to budgeting... and, suddenly, not only is she the [sole] support, she's also supporting Kevin's prefabricated family."

That doesn't surprise me a BITE. The countdown has begun :sunny: Lets just hope her upcoming album sucks and the music business might actually become more interesting and fun so that talented artists get the chance to prove themselves. :) :laugh:

[iloverock&roll]

lol @ supporting facts = a gossip column

In September 2004, Forbes estimated Britney's net worth at $123 million

since then she got a big payday from chaotic + a huge contract with elizabeth arden + more money from record sales, merchandise, etc. :laugh:

[NightMagick]

there is this new show called Trailer Fabulous where they renovate...well, just putting it out there...

[NightMagick]

...and it would be free & chock full of publicity

[iloverock&roll]

there is this new show called Trailer Fabulous where they renovate...well, just putting it out there...
you seem to know a lot about this, perhaps from experience? :laugh:

[britney_rocks]

lol Britney has got more money then all of us combined here at livedaily.com. Face it people those are the facts. You can go shave your back now.

[guccibabigirl69]

rumorrrrrrrrr

[Diva4230]

Britney ain't going broke..

Vanilla Ice still has money from 1 album that sold well, and that was, God, like 14-15 years ago?? Sure he has done a couple of things to get some money, but it isn't anything like Britney's side projects. So with that being said, I think Britney is just fine, unless she is flushing money down the toilets.. Which somehow I doubt that..

She has people around her helping her, making sure her money is managed.. She entered the buisness at 16, do you think Lynne would just let her daughter blow all of her earnings?? I don't think so..

[Bunsen]

She entered the buisness at 16, do you think Lynne would just let her daughter blow all of her earnings?? I don't think so..
Of course not, she wants some of it. ;)

[Sunfire]

Get a life.

[NightMagick]

you seem to know a lot about this, perhaps from experience? :laugh:

well, bravo, you figured it out. of course, i had my trailer renovated because it's only sitting in my landscaped 15,000 sq ft yard near the pool of my three story home. its just waiting for a roaming toothless vagabond to make it a home, so if you're interested, let me know

[TickTock]

She has people around her helping her, making sure her money is managed.. She entered the buisness at 16, do you think Lynne would just let her daughter blow all of her earnings?? I don't think so..

Well. She let her marry and get knocked up by some random trailer park guy, mostly because Britney says she makes her own decisions and you know, its her prerogative. After so fiercly proclaiming how she's a big girl, I believe people have stepped aside and allowed her to do her thing. Except, she has the mentality of 15 yr old so I wouldn't be surprised if she isn't smart enough to budget her money and is blowing her cash on getting Fed a record deal and whatnot.

[britney_rocks]

lol at least she's doing her own thing. Britney isn't a puppet. Some other are though. ;) Some of you are drinking a little too much haterade. :zzz:

[Diva4230]

Well. She let her marry and get knocked up by some random trailer park guy, mostly because Britney says she makes her own decisions and you know, its her prerogative. After so fiercly proclaiming how she's a big girl, I believe people have stepped aside and allowed her to do her thing. Except, she has the mentality of 15 yr old so I wouldn't be surprised if she isn't smart enough to budget her money and is blowing her cash on getting Fed a record deal and whatnot.

She's an adult now.. So she is free to marry and have children to whomever she chooses.. But you don't hear of Britney out on wild spending sprees buying 10 Bently's, 3 Benz's and 4 Hummers..

[StayWithMe]

Britney isnt going broke. In your dreams sweetheart. She has a network of $150 million.

[pretentiousprada]

It was in Britney's prenup that her money will not go towards child support or alimony for Shar and the kids. And about Vanilla Ice - yes he still has money, but you don't often read about his weeks at expensive resorts and stuff. It seems like he is more reasonable with his money.

[gameboy]

hahaha, wow, i can't believe they blew over $100,000,000

[Frozen Fire]

Kevin is also going broke cause he gonna get a smaller allowance:roll:

[britney_rocks]

^ Another sign that an artist can't keep their fans happy so they stray to other forums. Sorry but it's true.

[Chi^_^]

which explains the attendance of this one.... and the appearence of many brit fans on the other....


OH SHNAP!

[iloverock&roll]

^ Another sign that an artist can't keep their fans happy so they stray to other forums. Sorry but it's true.
yeah. i guess a certain persons fan base has adapted an inferiority complex from their idol. it's kinda sad actually. just ignore them.

[ROKU884]

Yes, we are all unhappy with our degenerate artist so we're here to annoy you. What is so wrong with venturing into other artists' forums or liking other artists for that matter. Some of you need to wake up and take a big whiff of reality.
*Sniffs* no... it can't be true... wait...*sniffs* http://images.teenspot.com/boards/images/smilies/fart.gif
Yes! There is more to life than Britney Spears!

[britney_rocks]

Going to forums of other artists YOU LIKE is fine. But coming here to Britney's isn't fine if you're not a fan and all you are going to do is bashing her. Clearly seen here, and every other thread.

[ROKU884]

Bashing an artist and stating facts are two different things. I came here because you (yes, I'm generalizing) were bashing Christina. If I want to leave a forum of an artist to defend said artist in another forum, I see nothing wrong with that. Especially when I'm one of the few using facts to back up my claims as opposed to baseless insults.

[britney_rocks]

Using facts? Please most of them are all opinions. You can't spit your opinions on us, and oblige us to comply with you. ;)

[ROKU884]

Most opinions don't come with numbers attached. :noway:

[F-Lo¹98³]

This is probably bull, but I wouldn't be surprised. I mean come on...the guy didn't believe in marriage until he found out he wouldn't have to lift a bill. She wanted to get married, and he had no money, so he fed her these B.S. reasons of love and not needing papers to say blah blah blah, which made her fall even more in love and into his trap.

I mean when has this not happend to famous women with huge paychecks? He'll leave her and their kid when the money's gone, and I hope she sues him for all she's worth, lol.

[britney_rocks]

I love how people think pessimistically about Britney's marriage, and only Britney's marriage.

[Diva4230]

Kevin's deep meaning of marraige was "I believe love is love.."

Wow.. I shead a tear over that one..

I feel bad for Britney.. She seems like she just so wanted to show the world she is over the whole Justin fiasco.. So here is this man who just up and leaves his preganant girl friend whom is also the mother of his daughter, to go be with Britney Spears.. The money maker..

Once Kevin gets a career and a name for himself, he'll be out the door..

[scoobyfreak]

Once Kevin gets a career and a name for himself, he'll be out the door..

Explain me how he'll do it. Apart from Britney, no one sees a quality in him...Oh and apart from himself also, of course.

[rhapsodist]

lol @ supporting facts = a gossip column

In September 2004, Forbes estimated Britney's net worth at $123 million

since then she got a big payday from chaotic + a huge contract with elizabeth arden + more money from record sales, merchandise, etc. :laugh:


well, weird that chaotic definitely was so bad, just the harcore fans were interested in watching. I don't think so much money came from that.

and, if you go spend weeks in hotels where rooms cost you more than 3000 a night, and then you go spend your money for whatever luxury is out there, AND you have Kevin Federline as husband.. um.. well, money can be gone very, very fast.

and broke in her life means having 5 millions or something (with which every normal human being would be able to last a whol elife, but that just as a sidenote *coughs*)

[Bason Duke]

well kevin is eating it all up. and i bet his friends and family are gettin some too