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In the High Court in London, UK, it is alleged by Mark Hapgood QC, that Elton John once spent £30m in just under two years - an average of £1.5m a month. Mr Hapgood suggests that Sir Elton went "spending mad" following a £42m deal with recording company Polygram in February 1996. The claims are made during a court case in which the singer is suing Andrew Haydon [former MD of management company John Reid Enterprises] for negligence. Sir Elton also accuses City accountancy firm PricewaterhouseCoopers of negligence in managing his affairs.
In the High Court in London, UK, it is alleged by Mark Hapgood QC, that Elton John once spent £30m in just under two years - an average of £1.5m a month. Mr Hapgood suggests that Sir Elton went "spending mad" following a £42m deal with recording company Polygram in February 1996. The claims are made during a court case in which the singer is suing Andrew Haydon [former MD of management company John Reid Enterprises] for negligence. Sir Elton also accuses City accountancy firm PricewaterhouseCoopers of negligence in managing his affairs.