Is Alejandro Sanz bankrupt? This is what is known about the financial problems of the Spanish singer

The worrying messages posted by Alejandro Sanz on his Twitter could be related to his current economic situation and it is known that he may be facing serious financial problems after being cheated by a friend.

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The interpreter of “Thanks, but no”, posted messages on his social networks in which he admitted that he felt “sad and tired”. It was recently revealed that his financial worries could be the cause of his confession.

Journalist Jordi Martín revealed on his YouTube channel that the source of Alejandro’s financial problems would be related to an argument with a close friend who would ask the singer for 200,000 euros.

According to Martin, Sanz refused to pay and the friend filed a lawsuit in Miami court. Because of this, the singers’ bank accounts were frozen.

Economic problems of Alejandro Sanz

According to the journalist, the “Corazón partío” singer entrusted his friend with the organization of his tour a year and a half ago in the United States and the management of part of his personal property.

After the concerts ended, there was a problem between them, and then the friend asked for the payment of 200,000 euros.

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Due to the blocking of his bank accounts, Alejandro could not pay the mortgage on the house in Miami, which amounted to as much as 27 percent interest, and he was practically forced to sell the property.

The singer’s home in Miami, which was clearly dear to him, sold for less than he expected, resulting in a loss of about 6 million dollars for the artist.

According to Martí, the singer-songwriter is in serious financial trouble with a debt of around $7.3 million.

Alejandro went bankrupt?

According to the statements of Nacho Gay, a journalist and contributor to the Spanish show “Y ahora Sonsoles”, Sanz discovered bankruptcy in his companies a few years ago.

The communicator explained that Alejandro appointed a man identified as Juan Gervás as manager of his companies. However, the singer decided to fire him in 2020 after discovering that millions of euros were missing.

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In addition, there is a debt of 7 million euros in Miami that has not been cancelled. Sanz initiated the case and the Spanish court ruled that Gervás must pay the artist an amount of 1.6 million euros in damages.

The translator managed his companies again, but had to sell some properties to try to solve liquidity problems.

The associate assured that despite the economic crisis he had, Alejandro did not go bankrupt. “He had liquidity problems, but he didn’t go bankrupt,” Gay said on the Spanish program. (AND)