MJ's "Penniless Brother" forced to auction Elvis Jacket?!!!
DancingTheDream
Posts: 4,923
Michael Jackson's 'penniless' brother to auction off Elvis Presley jacket to clear debt
London, March 7 : Michael Jackson's older brother Tito has reportedly been forced to place a rare Elvis Presley jacket under the hammer to clear debts worth 17,000 pounds
The 56-year-old was purportedly forced to let go off the item after former friend Matt Fiddes filed a lawsuit against him over an unpaid 12,000-pound bill.
"After Fiddes won the action, which was a third-party debt order, bailiffs were sent in to recover the money from Tito Jackson's London agent Ron Winter, who is contesting the order," the Daily Star quoted a source as saying.
"Goods included a rare Elvis Presley jacket, allegedly a gift from Lisa Marie Presley. A load of gold and silver record discs were also seized, including one for soul star Al Green and another for Andrew Lloyd Webber's Ovation. The bailiffs also seized original film posters for Scarface, Goodfellas and The Godfather," the source added.
The source also said: "The proposed auction should easily settle the debt, which is in excess of 17,000 pounds. But, unfortunately, it won't make a blind bit of difference to Tito's finances. One thing's for sure - Tito's hit the skids in financial terms.
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London, March 7 : Michael Jackson's older brother Tito has reportedly been forced to place a rare Elvis Presley jacket under the hammer to clear debts worth 17,000 pounds
The 56-year-old was purportedly forced to let go off the item after former friend Matt Fiddes filed a lawsuit against him over an unpaid 12,000-pound bill.
"After Fiddes won the action, which was a third-party debt order, bailiffs were sent in to recover the money from Tito Jackson's London agent Ron Winter, who is contesting the order," the Daily Star quoted a source as saying.
"Goods included a rare Elvis Presley jacket, allegedly a gift from Lisa Marie Presley. A load of gold and silver record discs were also seized, including one for soul star Al Green and another for Andrew Lloyd Webber's Ovation. The bailiffs also seized original film posters for Scarface, Goodfellas and The Godfather," the source added.
The source also said: "The proposed auction should easily settle the debt, which is in excess of 17,000 pounds. But, unfortunately, it won't make a blind bit of difference to Tito's finances. One thing's for sure - Tito's hit the skids in financial terms.
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Comments
Who said they didn't?
tito has been gigging on the club circuit with his blues band, so he's actually the only one besides janet, who lives off his music. club gigs in the states are still 'mostly door money'-gigs as far as i know, meaning you get whatever comes in with tickets, or even less. i heard of 100 $-gigs in clubs that you will get in texas. he's not making a whole lot of money as a musician and his type of music doesn't sell well. plus, he doesn't tour outside the states as far as i know and never did a solo album. he just wants to play and not be at the center of attention.
i feel sorry for him reading this, too. i think he deserves a break. he should be in the spotlight for once and show his craft. i like him, i think he's a real good and humble guy and he never sold himself to anyone.
yeah, right. and he does it by selling some of his stuff and not taking the money from the estate to pay for it. that's why i'm giving him a shot.
can pull them in. We are all facing hard times and I will knock another person for going through hard times, I wish them well, the same as I would wish for all of you.
Tito toured in England at the end of 2009 with Gladys Knight I think.
oh, cool! so he does europe, too? i never seen him announced anywhere or heard of him being outside the u.s.. only thing i knew is that he was on the blues cruise a couple of times. thx for the update! <!-- s
They probably only get paid for their work at the end <!-- s:P -->:P<!-- s:P -->
maybe this is the reason for the will to make the family more independent - but there is a rich sister - janet
would she not give some money
the SUV's could be mike didnt he buy 16 or something like that
I REALLY DON´T BELIEVE IN THESE STORIES. JUST MONEY INVOLVED AND TABLIODE BS <!-- s;) -->;)<!-- s;) -->