Boy George facing bankruptcy as firm goes bust owing £1million in row with Culture Club bandmate
BOY George’s showbiz firm has gone bust with debts of almost £1million.
The 62-year-old Karma Chameleon singer’s finances fell flat despite his return to the limelight in I’m A Celebrity.
The company was ordered to shut down by the High Court, due to debts owed to his former Culture Club band mate and ex-boyfriend Jon Moss, 65.
Company assets of £324,682 are being taken by liquidators to pay him back.
The firm, set up in April 2018, was used to handle George’s music and TV pay — which would include his £500,000 fee from ITV last December.
The winding up order was made earlier this month, with the paperwork published this week.
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George, also ordered to pay Moss’s legal fees, is now making moves to avoid bankruptcy.
The Sun revealed in April that he was facing a a £1.75million damages claim brought by Moss, but the pair managed to reach an out-of-court settlement.
Moss, a founding member of the band, and George were in a secret relationship at the height of the group’s fame.
Moss was sacked in September 2018 and spent £1million on his legal fight.
In January, George said: “I feel I have much to be upset about but I have to the best of my knowledge removed any real hatred towards him.";