Parlotones embroiled in nasty feud over money

The Parlotones' are locked in a nasty feud with their former manager over millions of rands in performance fees, royalties and intellectual property.

This is according to the Weekend Argus, who are reporting that the band has revealed that they've disconnected themselves from their manager Raphael Domalik.

Apparently the band members discovered that their ex-manager, along with their record label company Sovereign Entertainment, owned all their music, money and their name.

Kahn Morbee, Neil Pauw, Glen Hodgson and Paul Hodgson were led to believe that their percentage of royalities would be invested. And, all they received was a monthly salary from performance fees.

"Most of the money we got was from performance fees. Traditionally what would happen is that the management and agencies would take a certain percentage, and the rest would filter to the band. That’s the model. The rest of the money would be invested, we were told," Kahn said.

Kahn added that all the money went in Domalik's account and wasn't invested as they were told.

*Picture: Twitter