The Canberra Times 28 Jan 1998 p6.
Price Waterhouse in England, which acts as the accountant of the entertainer, Elton John, has written to John's management company, John Reid Enterprises, warning of a cash flow crisis for John.
The letter says that "cashflow projections show available headroom running out by substantial sums" in April, 1998. The information has been leaked by "a senior member of Elton's circle".
Some of John's expenditures include $A12,000 per week to maintain his $A5 million fleet of cars, a monthly credit card bill of $A110,000, $A850,000 spent on interior design. He has spent up to $A1 million in a single day and his weekly spending amounts to $A650,000; Dan Glaister, The Guardian; photograph, Elton John.