Canadian singer Justin Bieber has strongly denied recent reports suggesting that he is financially troubled, describing the claims as “clickbait stupidity” from unreliable sources.

The statement, issued on Wednesday, responds to an article in The Hollywood Reporter, in which a former team member alleged that the 31-year-old pop star is millions of dollars in debt following the cancellation of his Justice World Tour, which faced multiple postponements due to health issues.

The representatives emphasized that these claims stem from individuals who are disappointed no longer to be working with Bieber.

In a statement to Us Weekly, Bieber’s team firmly rejected the allegations.

“This is merely clickbait nonsense based on unnamed and clearly misinformed ‘sources’ who are disappointed that they are no longer associated with Justin,” the statement said.

“As Justin forges his own way forward, these unnecessary stories and inaccurate assumptions will continue. But they won’t deter him from staying committed to following the right path.”

“Any source that is trying to sell you a story about alleged financial distress … either doesn’t understand the entertainment industry or, more likely, is trying to paint an unflattering portrait of Justin, which bears no resemblance to reality,” Bieber’s team also told THR.

In The Hollywood Reporter’s coverage, a source claimed that Justin Bieber’s announcement in February 2023 to cancel the remaining tour dates led to financial repercussions that continue to affect him.

Originally scheduled to begin in 2020, the tour was postponed due to the pandemic and further delayed in 2022 after Bieber was diagnosed with Ramsay Hunt syndrome, which resulted in facial paralysis.

In March 2023, he indefinitely canceled the remaining tour dates.

The article also suggested that Bieber is not only facing financial difficulties but also owes a substantial debt of approximately $20 million to tour promoter AEG, having received a $40 million advance before the tour commenced.

According to multiple sources cited by the outlet, Bieber has only repaid a portion of the borrowed amount, indicating that he is financially overstretched.

This situation arises two years after Justin Bieber controversially sold his entire music catalog for $200 million.

The initial deal was reportedly set at $140 million with Hipgnosis Songs Capital, but Bieber’s team, including his former manager Scooter Braun, successfully negotiated it up to $200 million. Sources indicated that the increased amount was intended to provide the singer with “financial security” for a longer duration.

This profile comes amid ongoing speculation regarding Bieber’s health and marriage, with fans expressing concerns for his wellbeing. Recently, he sparked rumors by “accidentally” unfollowing his wife, Hailey Bieber, on Instagram.

Additionally, fans noted his decision to end his business relationship with Scooter Braun by unfollowing him and distancing himself from his fashion brand Drew House, which he co-founded with former stylist Ryan Good.

A representative for Bieber stated in a February comment to TMZ that he had “ended several close friendships and business relationships that no longer served him,” adding that the past year has been “very transformative” for him since the birth of his son, Jack Blues, last August with his wife of six years.

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