Boy band hit back at claims they are strapped for cash

Since they reunited last year, Blue have released a new album and gone on tour together.

They’ve also featured on TV show The Big Reunion with other bands such as Atomic Kitten, 5ive and Liberty X on a nationwide tour.

But reportedly the boy band’s firm, Blueworld Touring No. 1 Ltd, made only £77 in 2013, and are still in £1,566 worth of debt.

At the height of their fame, the band – made up of Lee Ryan, Simon Webbe, Duncan James and Antony Costa – had a reported wealth of £80 million.

Since their split in 2005, Duncan and Simon have both filed for bankruptcy, while Antony and Lee have previously spoken about their money issues.

After his time in Blood Brothers ended in 2007, Antony said, “I thought Blue and the money were going to last forever and I totally lost control.”

However, a spokesperson for the band said these claims have been taken out of context.

“Blue World Touring No.1’s account is dormant and no longer in use. Therefore this is completely unreflective of Blue’s earnings,” she said.

“We can confirm that the debt that is shown in this account relates to an internal transfer between the parent company and Blueworld and not any third party. This sum has now been reconciled internally in the latest set of accounts and is no longer in existence.”