Paul O reacts to Spyro’s claim that he never made money while signed to the show promoter’s record label

Music promoter, Paulo has reacted to Spyro’s claims that he never made money while signed to the show’s promoter’s record label.

Recall that during an interview, Spyro claimed he was signed to a record label owned by Paulo. However, he did not make any money during his 2 years of stay.

According to Spyro, he used to borrow money from Paulo whenever he needed something. He stated that PaulO is a kind man but doesn’t understand the business of managing a record label.

Reacting to the claims of the singer, Paulo took to his Instagram story and shared how payments were made on Spyro’s behalf while the singer was signed to his record label.

He further stated that he spent a total of N12 million on Spyro but never made any return from investing in the singer.

See his post below…