Simon Cowell didn't pay himself wages from company as profits fell by £30m

  • 📰 OK_Magazine
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 84%

United States News News

United States United States Latest News,United States United States Headlines

Simon Cowell didn't pay himself wages from company as profits fell by almost £30m

Simon Cowell did not pay himself any wages at the end of 2020 after his company lost profits of almost £30million, it has emerged.

Paperwork filed at Companies House for the music mogul's company shows that neither Simon nor SimCo's new directors William Rowe and Michael Smith pocketed from it's tough year. An insider said: "Everyone in the TV industry has been hit by the pandemic and Simon's company has taken a ­considerable battering."Simon is a savvy businessman, however, and he's no doubt going to be back on top over the next 12 months," the source continued to tell The Sun Online.

Simon was unable to join co-stars Amanda Holden, Alesha Dixon and David Walliams on the panel following a bike injury which saw him break his back, and instead be replaced by Ashley Banjo.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Good good, when was that photo taken....he looks so unwell, along with them disastrous cosmetic procedures

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in US

United States United States Latest News, United States United States Headlines