Tuesday, September 27, 2011

Sly Stone is homeless


photos: NY Post/ John Chapple
Sly Stone is currently living in a campervan, according to the New York Post.

"He lays his head inside a white campervan ironically stamped with the words “Pleasure Way” on the side. The van is parked on a residential street in Crenshaw, the rough Los Angeles neighborhood where “Boyz n the Hood” was set. A retired couple makes sure he eats once a day, and Stone showers at their house. The couple’s son serves as his assistant and driver...

"... The singer claims his money troubles escalated in 2009, when his royalty payments stopped flowing after Stone accused his manager, Jerry Goldstein, of fraud. Stone says he was tricked into signing a rotten contract with Goldstein in 1989, giving the manager control of his finances in exchange for a weekly paycheck.

Last year, Stone sued Goldstein for $50 million, alleging fraud and 20 years of stolen royalty payments. (Contributing to the singer’s dire financial situation, he foolishly sold his valuable music-publishing rights to Michael Jackson for a reported $1 million in 1984.) Goldstein did not return calls seeking comment.

The performer’s cash-flow problems forced him out of his Napa Valley house that he rented with money from a 2007 European tour and into cheap hotels and the van in 2009. Stone hopes to soon put the lawsuit and his other woes behind him..."




UPDATE: Bootsy Collins posted this on his Facebook page yesterday (Wednesday 27th)... "Here is the latest I've heard about our pioneer Sly Stone! 'hey bootsy: just to let you know about sly he is ok. he stays at my mom and dads because he feels safe there. he has a house that he is renting but he likes being around my brother who cares for him and watches over him. oh yea my mom cooks for him whenever he is hungry. as for the boys in the hood thing; my hood is very loving of sly and watches over him. thank you for caring. ps. he would love to here from you. keep the funk alive and god bless you. yours truly randy austin'." 

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