Beyoncé's dad refutes allegationsof stealing from her •Star spends £9,000 in 90 minutes on a shopping spree in London

WHEN Beyoncé fired her father Matthew Knowles as manager in March, both of them claimed the decision was mutual due to the father's desire to focus on gospel acts. “I've only parted ways with my father on a business level” the pop superstar said at the time. “I love my dad dearly and I am gratefulfor everything he has taught me” and her dadwho had managed her since she was a teenager agreed in his own statement, saying they were parting waysafter “doing great things together”
“Business is business and family is family,” hesaid. “I love my daughter and am very proud of who she is andall that she has achieved.” Following the split, rumours surfaced that Knowles was suspected of taking money he was not entitled to from his daughter's massive tours, and now the singer's father is refuting those rumours.According to new allegations, Matthew Knowles is taking Beyoncé's former concert promoter to court claiming that Live Nation Entertainment is behind the rumours that he dipped his hands in the kitty. In papers filed with the court on Monday 11th July 2011, Knowles accused the company of telling Beyoncé he “had stolen money from her on her most recent tour or otherwise taken funds that [he] was not entitled to." These allegations prompted her legal team to conduct an audit in October 2010, which concluded Knowles had taken funds which ultimately led to him getting the boot.
Knowles denied the allegations and has requested a judge to ask Live Nation, the rationale for its claim.
The ex-manager is suggesting that Live Nation deliberately took him out of the way so they can get a bigger chunk of the singer's 2011 world tour.
Known for her generosity towards her loved ones, it is safe to assume she was not shopping for herself alone. Last year, she treated her hubby Jay-Zto a $2 million Bugatti Veyron Grand Sport car-the world's fastest road vehicle for his 41st birthday on December 4th and just last month, Beyoncé splashed out on 25 pairsof designer shoes as a 25th birthday gift for her sister Solange.