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Mathew Knowles is still Beyonce’s sole manager.

Beyonce Drops Her Father As Manager, Jay-Z To Step In [RUMOR]

Yesterday, reports surfaced that after months of drifting apart (due to his fathering a child outside of his marriage to Tina), Beyonce and her father Mathew had finally parted ways professionally.

It was also stated that Mathew would be replaced by hubby Jay-Z.

However, Music World Entertainment has come forward and issued an official press release.

In a statement forwarded by Mark Young on behalf of the label,

“Contrary to false rumors online, Beyoncé and her manager Mathew Knowles unequivocally have had and continue to have a close personal and business relationship. Mathew Knowles is the sole and exclusive manager of Beyoncé.”

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  • http://www.blackplanet.com/kaikai7/ kaikai7

    You know Matthew Knowles isn’t trying to have anyone take over the career of his #1 bread winner! LOL Her and her dad may have their occasional issues but I’;m sure that they love one another and she probably still has more trust for him ,than anyone else that would assume that role.As slick as that greedy beady eyed geezer might be, he has managed to guide her to success!

  • http://www.blackplanet.com/blazinPotPie37/ blazinPotPie37

    At the end of her day he is still her father and like Michael Jackson she still has to realize and recognize who helped her build her career. Matthew is no different than the next man and it is what it is. She can still allow him to be her manager and work on their relationship to build it back up and get it back how it use to be. It is sad that no matter how much money someone makes they cry the same tears as us regular ppl do

  • http://www.blackplanet.com/Ceyisha/ Ceyisha

    AND THERE YOU HAVE IT HOT OFF THE PRESSES OF WWHO CARE NEWS. LIKE COME ON. SHE MARRIED TO JAYZ AND THE DUMBEST THING SHE COULD EVER DO IS LET HIM MANAGER HER CAREER. HER DAD MADE HER CAREER BLOSSOM. AT THE END OF DAY THEIR HUMAN. AND SHE COULD MANAGER HERSELF AFTER THAT NEW SIBLING START GETTING ALL THE ATTENTION. THAT WAS STUPID IF I HAVE OLDER KIDS IN THEIR 20′S AINT NO WAY IN HELL I WILL BE OUTSIDE OF DAYCARE PICKING UP NOBODY AT 50+ YEARS OLD. SEE THATS WHY ITS BEST TO ASK FOR HEAD.:)) FELLAS

  • http://www.blackplanet.com/MsMerising/ MsMerising

    Keeping that money in the family. Beyonce has stated in interviews that if her career ended tomorrow she made wise investments and is set for life. Power to them. They built an Empire around branding Beyonce. Salud! *clinks glass*

  • http://www.blackplanet.com/wincie/ wincie

    matthew was beyonce’s manager but beyonce has died sasha fierce has a new manager from what i can see

  • http://www.blackplanet.com/Leticia39/ Leticia39

    Poor Beyonce, she has to work with her cheating father but she’s a strong woman so I know she will make it through this.

  • http://hellobeautiful.com/gossip-news/hellobeautifulstaff1/beyonce-gets-a-whip-for-her-birthday-from-lady-gaga/ Beyonce Gets A Whip For Her Birthday From Lady Gaga | Hello Beautiful

    [...] Mathew Knowles Still Beyonce’s One & Only Manager [...]

  • http://tlcnaptown.com/national/news-gossip/wtlc/beyonce-gets-a-whip-for-her-birthday-from-lady-gaga/ Beyonce Gets A Whip For Her Birthday From Lady Gaga | TLCNapTown – WTLC

    [...] Mathew Knowles Still Beyonce’s One & Only Manager [...]

  • http://ipowerrichmond.com/national/news-gossip/tttorrez/beyonce-gets-a-whip-for-her-birthday-from-lady-gaga/ Beyonce Gets A Whip For Her Birthday From Lady Gaga | iPowerRichmond – Power 92.1

    [...] Mathew Knowles Still Beyonce’s One & Only Manager [...]

  • http://hiphopnc.com/outofthisw/spruitt/beyonce-gets-a-whip-for-her-birthday-from-lady-gaga/ Beyonce Gets A Whip For Her Birthday From Lady Gaga | HipHopNC – K 97.5

    [...] Mathew Knowles Still Beyonce’s One & Only Manager [...]

  • http://www.ilookfly.com/black-celebs-gossip/beyonce-settles-lawsuit-with-neighbor-she-annoyed-3/ Beyonce Settles Lawsuit With Neighbor She Annoyed – ILookFly.com

    [...] UPDATE: Mathew Knowles Still Beyonce’s One & Only Manager [...]

  • http://www.blackplanet.com/lledeli3/ lledeli3

    he was tired of his old crazy wife..Face it that’s what older men do dump the tired old wife , get a young women who’ll take all their money after they have a baby..

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