[Beats] Beyonce Fires Father

BEYONCE FIRES DAD OVER INCIDENT
WITH DANCER: Mathew Knowles caught
slipping as his Sanctuary Urban label starts
to crumble.

*Beyonce Knowles has given her manager/father
Mathew Knowles his walking papers amidst
charges of harassment from one of her dancers,
according to sources. Meanwhile, contacts
close to his label Sanctuary Urban Records
Group say Mathew has been AWOL from
the office for about a month, leaving the
imprint in complete disarray and its parent
company Sanctuary in charge of day-to-day
decisions.

Gossip maven Wendy Williams mentioned
an alleged affair between Mathew and the
dancer on her WBLS radio show earlier this
week. Sources have since confirmed to EUR
that Beyonce fired Mathew as her manager
upon learning of the allegations. This inferred
adultery is the latest in a series of infidelity
rumors that have been reported about the
businessman for years.

Knowles began managing his daughter
in the early nineties during the formation
of Destiny’s Child with Beyonce, her cousin
Kelly Rowland and their friends LaTavia
Roberson and LeToya Luckett. Much was
made of his decision to quit his job so that
he could steer the group full time, but
his smothering style was too much for D.C.
members Roberson and Luckett, who left
the quartet in 2000 after a much-publicized
falling out with Knowles. The singers filed
a lawsuit against Mathew and the remaining
members of the group citing shady business
practices – including breach of partnership
and breach of fiduciary duties. (They later
dropped the portion of the suit directed
toward Beyonce and Kelly in exchange
for a settlement.)

Knowles’ questionable business tactics
and current month-long absence are also
said to be hindering progress at Sanctuary
Urban. Sanctuary Group CEO, Merck
Mercuriadis handpicked Mathew in 2003
To oversee the label – which has among
its forthcoming summer album releases
Ray J’s “Raydiation” on June 28; Keith
Sweat’s “Grown & Sexy”
on July 26 and the soundtrack for the Fox
film “Roll Bounce” on Aug. 23.

Workers at the troubled label were
made to sign confidentiality agreements
earlier this week that forbids the discussion
of Knowles or his current situation. However,
a source close to the company told EUR
that his latest alleged indiscretion could
cause permanent damage to the imprint,
not to mention his marriage and relationship
with Beyonce.

“Mathew is not in the picture anymore.
They don’t know where he is,” said a source.
“From a bottom line financial point of view,
Sanctuary Urban can’t last.”

credit: daveyd.com