WATCH HERE: Ann Diamond says Boy George ‘can’t manage money’
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The 80s icon was engaged in a legal battle with his former bandmate Jon Moss
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Boy George has revealed he is “working hard” to get out from under £1.8million worth of debt.
The 63-year-old singer-songwriter was forced to take huge lifestyle and financial steps to balance his books following a legal dispute.
The Culture Club frontman’s money woes originate from fighting a costly legal battle with his former lover and drummer Jon Moss over lost income in 2023.
Moss was “expelled” from the band in 2018 and successfully sought a £1.75million out-of-court settlement from his former bandmates.
Failure to repay their collective debts could result in the band losing rights to their name, the Boy George trademark, and their extensive back catalogue.
George found himself in debt after a costly legal battle
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However, George remains sanguine about his financial situation after undertaking measures to rake in some cash.
The 63-year-old revealed he has already made progress on turning around his fortunes.
"I’m working hard to pay off my debts and am getting there. My advice is don’t sleep with the drummer!" he told The Sun.
The source of much of George’s optimism is his hugely successful stint on Broadway, returning to theatre for the first time in 20 years.
George fought a legal battle with former bandmate Jon Moss
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Geroge trod the boards in the starring role of mega-hit musical Moulin Rogue, playing impresario Harold Zidler.
The Karma Chameleon hitmaker sold out three months worth of shows and was asked to return for another run.
He is due to begin a second turn as Zidler on March 28 until May 25.
Another lucrative revenue stream for George has been Culture Club’s return to touring.
The iconic 80’s band is set to tour Europe in the summer, with performances planned in the UK, Germany and Denmark.
George and his band have also been announced as headliners at a number of festivals across the UK – including Tunes in The Park in Cornwall and the Uptown Festival in London later this year.
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George has returned to the stage in order to generate some income
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The star has also been selling his own artworks through dealer Castle Fine Art.
The one-of-a-kind pieces are signed by Geroge and have fetched eye watering sums with of as much as £17,000.