Johnny Depps debt crisis

HE plays Captain Jack Sparrow on the big screen, but Johnny Depp refused to clip his wings to fix his financial woes, according to leaked emails.
The Hollywood star offered to sell his possessions when told his spending was out of control — but refused to give up flying on private jets, a court heard.
‘A commercial flight with paparazzis in tow would be a f***ing nightmare,’ Depp told advisers when he spiralled into the red in 2009, it has emerged.
The 54-year-old actor is suing his ex-business managers for £20million for allegedly ‘mismanaging’ his money. But The Management Group has launched its own lawsuit against Depp — and claims it repeatedly warned him about his excessive spending.
A batch of emails submitted to Los Angeles superior court shows the star was made fully aware of his position, claims TMG.
In one exchange, Depp is advised by TMG’s Joel Mandel to ‘take it easy’ on holiday spending and ‘look realistically at income and expenses’.
His response reads: ‘I am doing my very best on holiday spending, but there is only so much I can do, as I need to give my kiddies and family as good a Christmas as possible, obviously within reason.’ The dad-of-two said he would make £60million that year from roles in The Tourist, the fourth Pirates Of The Caribbean film and Dark Shadows.
‘That will put everything straight,’ Depp wrote as he listed items he could part with. ‘You want me to sell some art? I got bikes, cars, property, books, paintings and some semblance of a soul left, where would you like me to start?’ he asked Mr Mandel.
TMG also submitted a 2010 exchange with Depp’s sister Christi Dembrowski requesting the actor’s signature to secure a £4.5million loan to cover his £3million overdraft.
The firm insists that proves the actor, his agents, lawyers and managers were aware of his money troubles.
The cases continue.
Author: Dominic Yeatman