Lennon, Harrison & Starr End Management Contract with Allen Klein β 31 March 1973
Saturday 31 March 1973 | London | Beatles History
On 31 March 1973, John Lennon, George Harrison, and Ringo Starr formally ended their management contract with Allen Klein. Klein had served as business manager to three of the Beatles since 8 May 1969, but his contentious business practices and combative approach had created tensions within the group.
Background
Allen Klein had initially been appointed to manage the finances and business affairs of Lennon, Harrison, and Starr after the group's earlier management under Brian Epstein. While some of Klein's actions were effective in maximising revenues, his aggressive tactics made him a divisive figure among the Beatles and their associates. Notably, Paul McCartney had refused to accept Klein from the outset, preferring his father-in-law Lee Eastman as manager β a key source of tension during the Beatles' final years.
Contract Expiration
The management contracts with Klein's company ABKCO had been renewed multiple times, but all finally lapsed on 31 March 1973. This effectively ended his formal role in managing the business affairs of Lennon, Harrison, and Starr. Following the expiration, Klein initiated a series of lawsuits seeking to recover monies he claimed were owed under the previous agreements.
Impact on the Beatles' Business Affairs
Ending Klein's management allowed Lennon, Harrison, and Starr greater autonomy over their finances and artistic projects. While the legal disputes lingered for years, this move marked a significant step in separating the surviving Beatles from external managerial control following the group's breakup.
Related: The Klein Appointment
To understand the full story, read how it began: Beatles Sign Allen Klein Contract β 8 May 1969.
Location: London, England
United Kingdom
Location associated with the termination of the Beatles' management contract with Allen Klein on 31 March 1973.
Frequently Asked Questions
Who ended their contract with Allen Klein on 31 March 1973?
John Lennon, George Harrison, and Ringo Starr.
Why was Allen Klein a divisive figure?
While he managed finances effectively, his aggressive business tactics and confrontational approach caused tension within the Beatles. Paul McCartney had refused to accept him from the start.
What happened after the contract ended?
Klein launched a series of lawsuits to recoup monies he believed were owed under the previous agreements.
How did this affect the Beatles?
The end of Klein's management gave Lennon, Harrison, and Starr more control over their finances and artistic decisions following the band's breakup.
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