Mathew Knowles Addresses Beyoncé Lawsuit Rumors

Entertainment | 12/21/2015 | 11:15 AM EST

Knowles blasts rumors which claim Beyoncé is planning a lawsuit

Following rumors of a potential lawsuit from Beyoncé against her father Mathew Knowles, the 63-year-old music exec is blasting the reports as nothing more than media gossip.

In a statement to "Entertainment Tonight," Mathew said: "These dangerous rumors defame my family name. They have no validity, and hold no merit. They're founded by rumor mills who like to kick up sales, especially during the holidays. There are many other important topics needing America's attention."

As previously reported, an alleged source told In Touch Weekly that Beyoncé was preparing to sue her father over the rights to Destiny's Child. The international pop star was said to be interested in touring with Kelly Rowland and Michelle Williams and didn't want Knowles to benefit from their reunion.

While Destiny's Child disbanded in 2006, Mathew still owns the rights to the name and music.

Mathew told "ET" he is currently focused on hosting lectures and seminars. He is also expected to reveal his new female rap group, Blush, in 2016.


(Photo: Stephen Lovekin/Getty Images)

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