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Jackson's manager denies bankruptcy claims

Friday 13 February 2004
Michael Jackson's music manager has denied reports that the singer is facing financial difficulties.
1 of 1 Jackson - Bankruptcy claims denied
Jackson - Bankruptcy claims denied

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According to an article in The New York Times, Jackson is unable to repay a bank loan of $70 million, which is due next Tuesday.

Jackson's manager, Charles Koppelman, has denied the rumours, saying that the star "has the ability to generate huge sums of money".

The singer's lawyers are due in court today to set a date for a preliminary hearing to consider nine child molestation charges, to which Jackson has pleaded not guilty. Jackson is not expected to attend court.

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