James Spears To Sell Britney's Cars
by ANTHONY FONTANELLE
Britney Spears' father has been given the green light by a court the power to ��sell or dispose certain of�� her cars. Reports said this move ��will save substantial expense to the conservatorship estate.��
James Spears, the American pop singer��s father, will start selling off her daughter��s fancy car fleet as he struggles to slash her expenses. On March 17, a court granted James the power to sell or dispose an undisclosed number of Britney��s seven cars. Reason for the disposal of the cars was because maintaining the fleet of vehicles was too expensive, said James�� lawyers.
Britney��s car fleet includes two white Mercedes (a SL65 and a CLK350), a white Mini Cooper convertible and a black Audi, according to the court filing. It was also revealed by a court spokesman that Britney��s $1500 a week allowance "is not her only source of (personal) income," but did not give further details as to where it comes from.
Britney has a fortune of around $40 million, which her father wants to conserve to enable her and her two children to live comfortably even if she never works again, OK magazine reported. As a consequence, Britney��s father ordered a budget of $100,000 a month for her daughter��s entertainment and vacations to be reduced by 90 percent. Additionally, Britney��s $16,000 monthly clothing allowance has been halved. The troubled pop idol is also giving up a $30,000-dollar per month rental house in Malibu.
E! News recently reported that Britney��s driving-without-a-license case has been postponed until June 18th. The ��Girl in the Mirror��, as watchers pointed out, did not bother to seek aid from car mirrors to boost safe driving.
The decision by a Los Angeles Superior Court judge did not come as a surprise. This is because Britney is under the control of a legal conservatorship and is considered unable to enter a plea on her own behalf.
The license charge stems from Britney's hit-and-run accident in August last year. The accident happened in front of paparazzi lenses. The singer reached a settlement with the other driver, but it was later discovered she was not in possession of a valid California driver license at the time of the accident, a KBS Radio release said. Britney, however, have a valid Louisiana driver license.
The conservatorship, comprising of James and a lawyer, will remain in control of her affairs until a July 31 hearing, said OneIndia.