Celebrity Big Brother contestant Louis Walsh boasted that he scooped £5 million from Jedward – that’s 25 times more than the twins made themselves.
The Irish duo, 32, hit back at the pop manager, 71, on Wednesday via X, claiming that none of ‘vile’ Louis’s acts liked him including Girls Aloud and Ronan Keating, whom Louis has called a ‘p***k’ on the reality show.
MailOnline can reveal that while Louis raked in millions from the 2009 X Factor stars, there’s a huge discrepancy between what he and Jedward earned.
Louis managed Jedward from 2009 to 2013 and, according to their company Planet Jedward’s accounts, they had £194,596 in reserves at the time they sacked Louis – which is approximately 25 times less than the £5M Louis claims to have made from them.
Dublin-born John and Edward Grimes also owed £130,203 to creditors, but had £110,775 cash in the bank.
Celebrity Big Brother contestant Louis Walsh boasted that he scooped £5 million from Jedward – that’s 25 times more than the twins made themselves
![MailOnline can reveal that while Louis raked in millions from the 2009 X Factor stars, there's a huge discrepancy between what he and Jedward earned](https://i.dailymail.co.uk/1s/2024/03/14/11/82458673-13196645-image-a-96_1710417565921.jpg)
MailOnline can reveal that while Louis raked in millions from the 2009 X Factor stars, there’s a huge discrepancy between what he and Jedward earned
After dumping Louis to be replaced by their late mum Sussana Condron, they got the last laugh as they made at least £2M from their own appearances on CBB in 2011 and 2017 and have been making a fortune from personal appearances and concerts ever since.
Although latest accounts disclose that the twins may have hit their peak, as the latest accounts from the 2022 financial year shows Planet Jedward has just £4,134 in reserves.
In that year, it made only £18,248 profit.
The row kicked off during a CBB conversation with Corrie star Colson Smith and Louis branded them ‘vile’.
Colson had asked Louis, who managed the pair four four years: ‘What were Jedward like?’
The Irishman replied: ‘They were vile.’
Colson said: ‘They’ve done well’, and Louis said: ‘I got £5million from them. I swear on my mother’s life.’
Clearly impressed, Colson quipped back: ‘B****y hell, I wish I had a Jedward.’
![According to their company Planet Jedward's accounts, they had £194,596 in reserves at the time they sacked Louis - which is approximately 25 times less than the £5M Louis claims to have made from them (pictured with Louis in 2012)](https://i.dailymail.co.uk/1s/2024/03/14/12/82450219-13196645-Louis_Walsh_has_come_under_fire_from_stars_of_The_X_Factor_after-a-98_1710418153086.jpg)
According to their company Planet Jedward’s accounts, they had £194,596 in reserves at the time they sacked Louis – which is approximately 25 times less than the £5M Louis claims to have made from them (pictured with Louis in 2012)
![latest accounts disclose that the twins may have hit their peak, as the latest accounts from the 2022 financial year shows Planet Jedward has just £4,134 in reserves (pictured on the X Factor in 2009)](https://i.dailymail.co.uk/1s/2024/03/14/12/82387489-13196645-During_the_exchange_Louis_revealed_that_he_had_made_5million_fro-a-99_1710418221093.jpg)
latest accounts disclose that the twins may have hit their peak, as the latest accounts from the 2022 financial year shows Planet Jedward has just £4,134 in reserves (pictured on the X Factor in 2009)
![Following the music manager's remarks, Jedward insisted that 'justice would be served', as they launched into a scathing tirade on their X account](https://i.dailymail.co.uk/1s/2024/03/14/12/82386893-13196645-Following_the_music_manager_s_remarks_Jedward_insisted_that_just-a-100_1710418223578.jpg)
Following the music manager’s remarks, Jedward insisted that ‘justice would be served’, as they launched into a scathing tirade on their X account
Doubling down on his opinion, Louis added: ‘And they were vile. But they were novelty. It was great for the show. It was all about the show.’
After Louis made those comments, Jedward raged in a Tweet: ‘Louis Walsh is a cold hearted b*****d who didn’t even send us flowers when our mom died.’
Then added: ‘Louis Walsh b****ed and talked about us to our best friend Tara Reid!
‘Girls aloud hate Louis! Jedward hate Louis! Ronan Keating hates Louis! All future acts should be made aware of what this VILE man is really like.
‘Louis reopened these wounds all by himself being spiteful and disrespectful we aren’t going to have our character taken. Justice will be served.’
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