Justin Bieber's team has issued a statement in response to allegations of 'financial distress'.
In recent weeks, the singer said he was 'drowning' amid fans' concerns over his well-being, largely based on how he looked in photos taken by paparazzi.
Last month, the 31-year-old shared an emotional message about his 'self-worth' on social media. Bieber admitted that he 'feels unequipped and unqualified most days'.
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In Wednesday's article by The Hollywood Reporter, however, it was alleged that the star was millions of dollars in debt after he cancelled his 'Justice World Tour' in 2023.
It was also claimed by several sources that the singer is 'overstretched' financially after he sold his whole music catalog for $200 million.
His reps told US Weekly that the claims were completely 'inaccurate'.
They said: “This is just clickbait stupidity based on unnamed — and clearly ill-informed — ‘sources,’ disappointed that they no longer work with Justin.
“As Justin forges his own way forward, these unnecessary stories and inaccurate assumptions will continue.
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“But they won’t deter him from staying committed to following the right path.”
Bieber's team added: “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.”
In February, a representative for Bieber said the speculation about his alleged 'drug use' was 'exhausting and pitiful'.
The talk about his mental health 'shows that despite the obvious truth, people are committed to keeping negative, salacious, harmful narratives alive,' they told TMZ.
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At the start of the year, Bieber was forced to explain why he appeared to have unfollowed his wife of six years Hailey Bieber on Instagram.
"Someone went on my account and unfollowed my wife. S**t is getting suss out here," he said.
After seemingly spending the year defending himself, the 'Baby' singer says he's learnt the true meaning of 'hate'.
"I was always told when I was a kid not to hate," he wrote on Instagram Stories on 17 March, as SZA's track 'I Hate U' played in the background.
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"But it make me feel like I wasn't allowed to have it and so I didn't tell anyone I've had it."
"I think we can only let hate go by first acknowledging it's there," he added.
"How couldn't we feel hate from all of the hurt we've experienced."
Topics: Justin Bieber, Celebrity, Money
Anish Vij