The band are seeking £14m in damages as they say their former manager allowed tour costs to snowball
Coldplay are locked in a legal battle with their former manager, with both parties filing competing claims in the high court seeking millions of pounds from the other.
But in a new countersuit, the band rejected Holmes’ claim and are seeking £14m in damages as they say their former manager allowed tour costs to snowball, while also alleging that he used his relationship with the group to secure loans totalling $30m from concert promoters Live Nation. Asked about the counterclaim, a spokesperson for Holmes told the Times: “Coldplay know they are in trouble with their defence.
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