Britney Spears may have sparked concern after deleting her Instagram account amid speculation she is ‘dysfunctional’ and struggling financially – but the singer ‘couldn’t be happier’ after finally cutting ties with her father .
The pop superstar, 42, reportedly took a break from online to surround herself with friends after quietly settling her years-long legal battle with Jamie Spears, 71, last week.
Although the ruling left Britney with her father’s $2 million legal bill, in addition to the $4 million she reportedly spent on her own lawyer, insiders have dismissed claims that the Grammy winner is “in serious danger of bankruptcy.” rejected.
“Britney temporarily shut down her Instagram account to take a break and spend time with her friends after settling her legal battle with her father Jamie,” an insider exclusively told DailyMail.com.
Sources have dismissed claims that Britney Spears is ‘in serious danger of going bankrupt’ after blowing her money on luxury holidays and her recent legal fees.
“She did what was in her best interest to be done with him forever and she couldn’t be happier.”
They continued, “Nobody fears Britney and she’s far from broke. Yes, she needs to reduce her private jet use, but she is far from bankrupt – this is not right.”
The source highlighted the recent success of Britney’s memoir, The Woman In Me, as one of the many reasons her finances remain healthy.
The insider continued, “She’s about to make her book back and rake in 25 percent of the net profits.”
In October, Britney happily celebrated her book becoming the “best-selling celebrity memoir in history,” selling 1.1 million copies in the US alone in the first week, according to sales figures.
Britney deleted her page just hours after attacking her family in a sharp post on Sunday morning when she shared the cover of Jennette McCurdy’s book, I’m Glad My Mom Died.
‘Stay nice people!!! Good book,” she said wrote from the Nickelodeon alum’s memoir, which followed her experiences as a child star with her late, abusive mother.
She also posted a mirror selfie of her semi-naked backside while responding to the legal ruling on Instagram.
The singer sparked concern after deleting her Instagram amid speculation that she is in a worse mental and financial situation than when she was under conservatorship.
“I was actually right about the nerve damage in my back!!!” she wrote.
‘I need to have [acupuncture] every day of my life now!!! Words and thinking too hard make it worse!!! If only people knew how I once had to crawl to my own door!!!’
The source highlighted the success of Britney’s memoir as a current source of income
She continued, “My family hurt me!!! There has been no justice and probably never will be!!! The people who sat and did nothing at all when they did that for four months, it’s been smooth sailing!!!’
Britney returned to Instagram on Monday and shared a video of herself stretched out on a horse.
The singer, who changed her name to Xila Maria River Red on the platform, wrote: ‘Horses and the outdoors!!! So nice to be alive.’
TMZ previously claimed that Britney was furious about the outcome of the settlement after her lawyer Mathew Rosengart assured her it was a solid case.
In legal filings obtained by the outlet, Jamie accused his daughter of using exaggerated tactics to resolve the case.
Britney’s father served as her conservator during her 13-year conservatorship, which ended in 2021.
In June, she testified about the “abuse” she allegedly suffered during her conservatorship.
She also accused Jamie of financial misconduct as her conservator. what he was paid for $16,000 per month and received a percentage of her tour’s gross receipts.
Britney quietly settled her years-long legal battle with father Jamie, 71, last week, but the singer was forced to pay his $2 million legal bill, as well as her own $4 million in fees.
In legal filings obtained by the outlet, Jamie (pictured with Lynne Spears and their daughter Jamie Lynn) accused his daughter of using exaggerated tactics to resolve the case.
She also accused Jamie of financial misconduct as her conservator. what he was paid for $16,000 per month and received a percentage of her tour’s gross receipts.
With the settlement, Britney and her father have avoided a lawsuit.
The outlet also claimed that the singer’s friends have branded her “completely dysfunctional,” with some claiming she is in a worse mental and financial situation than when she was under conservatorship.
It was claimed that Britney is suffering from ‘shocking and radical mood swings’ and has become increasingly isolated.
One source told the site that those who have remained close to the star believe she fared better while she was under conservatorship, which ended in 2021.
‘She had a lot of freedom during the conservatorship and the restrictions were there to protect her. She is no longer protected,” the insider claimed.
In a post before deleting Instagram, the star made a sharp statement to her family members by posting the cover of Jennette McCurdy’s book I’m Glad My Mom Died.
It was also claimed that Britney is reportedly in danger of ruining her $60 million fortune after spending more than a million dollars on each of her monthly trips to French Polynesia and Hawaii, photos of which she shared on social media.
She reportedly spent thousands of dollars on private jets and five-star resorts for regular vacations.
The singer treated herself to some of the finer things in life as she chatted about drinking ‘real wine’ before deleting her Instagram page.
The pop icon shared an image of a glass of wine next to a bottle of Norton Reserva Malbec 2019, an Argentine wine produced in the Luján de Cuyo region of Mendoza.
She wrote: ‘REAL wine feels extraordinarily good too!!!! Psss first time with real wine…Jesus f***ing Christ!!!’