Published: 6:59PM Sunday April 06, 2014 Source: ONE News

Boyband Blue are believed to have made just 77 pounds ($ 148) in the last year despite releasing a new album and going on a tour of England.

According to The Sun, the band’s company Blueworld Touring No. 1 Ltd made just 80 pounds ($ 154) in 2013 and 3 pounds ($ 5) the year before. The newspaper also alleges the company is 1566 pounds ($ 3000) in debt.

That’s compared to the estimated 80 million pounds ($ 154 million) they were worth in their heyday during the early 2000′s when they had three chart-topping singles.

However, a representative of the band told The Daily Mail that the company’s account is no longer in use and “therefore is completely unreflective of Blue’s earnings.”

The source says the debt no longer exists and has been “reconciled internally”.

Last year, two of the band’s members, Simon Webbe and Duncan James declared themselves bankrupt.

However, a friend of the band is believed to have told The Sun that they are “hoping for a lucrative 2014.”

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