Kanye West Facing Financial Crisis?

Last month there were whispers that Kanye West was dealing with a cash-flow problem putting his child custody battle in doubt [click here if you missed that].

Now the whispers are getting louder...

From The Blast

Kanye West is reportedly facing a financial "crisis" as his star power continues to take a hit amid his various scandals.

Following his controversial support for Hitler, the "Donda" rapper, who has been banned from performing in major European cities, as well as other locations across the UK and the US, is now said to be scrambling for shows to perform.

Kanye West also reportedly lost a staggering $3 million overnight, yet pays his wife, Bianca Censori, "hundreds of thousands" of dollars to make her controversial stunts in public with barely-there clothes.

The "Vultures 1" rapper is scheduled to perform at the Rubicon festival in Bratislava, the capital of Slovakia, next week. With a 26,000-capacity venue, he likely wouldn't have considered such a gig in the past.

However, West seems not to have a choice as he has been told to "stay away" from Germany, France, the U.K., Spain, Italy, Scandinavia, and Australia due to his pro-Nazi views.

Reports suggest both Wembley Stadium and the London Stadium in the UK blacklisted him even before he released his "Heil Hitler" song in May, leaving him to scramble for bookings around the globe.

"He's getting his team to phone around desperately asking for gigs, and he is said to be asking for $7 million a night. No one will touch him with a barge pole," a source told the Daily Mail. "Wembley and London Stadium both said: 'No chance, we don't need the protests,' and that was before the single came out.'"

The source added, "It's the same story everywhere they have asked. He is banned pretty much everywhere in Europe – either the venues won't touch him or he isn't able to travel there as he cannot get a visa."

According to the news outlet, his Slovakian show comes with a capacity of 26,000 fans, but even if seats sell for $200, it's very hard to see how the gig can pay the outrageous $7 million appearance fee he's asking for.

Music industry insiders said that "the economics make no sense" as the venue cannot possibly recoup its costs unless it's getting a share of the higher-value resale tickets.

Things could worsen for West as more than 3,500 people have signed a petition asking the Mayor of Bratislava to bar the rapper from performing, calling it "an insult to historical memory, a glorification of wartime violence and debasement of all victims of the Nazi regime."