Britney Spears' manager has officially resigned, writing in a statement that he is doing so because of her intent to "retire" from the industry.
Music manager, Larry Rudolph - who also works with the likes of Aerosmith and Steven Tyler - is said to be retiring because his "professional services are no longer needed".
He reportedly announced his intentions to leave his role in a letter to Jamie Spears, the 39-year-old singer's father and conservator, and Jodi Montgomery, who is co-executor of her estate.
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According to Deadline, the letter reads: "It has been over 2 1/2 years since Britney and I last communicated, at which time she informed me she wanted to take an indefinite work hiatus.
"Earlier today, I became aware that Britney had been voicing her intention to officially retire."
"As you know, I have never been a part of the conservatorship nor its operations, so I am not privy to many of these details. I was originally hired at Britney's request to help manage and assist her with her career.
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"And as her manager, I believe it is in Britney's best interest for me to resign from her team as my professional services are no longer needed.
"Please accept this letter as my formal resignation."
It concludes: "I will always be incredibly proud of what we accomplished over our 25 years together. I wish Britney all the health and happiness in the world, and I'll be there for her if she ever needs me again, just as I always have been".
The statement comes as Britney recently faced another conservatorship blow, learning that a judge had denied her request for her father to be removed as her conservator.
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The conservatorship gives Jamie (and co-executor Jodi) total stewardship over Britney's $60 million fortune, while he also has the power to make medical decisions and business deals on her behalf.
Speaking in court two weeks ago, Britney likened her 13-year conservatorship to being "sex trafficked" and labelled it "abusive".
A new report in the New Yorker also came out at the weekend, detailing Britney's experiences on the night ahead of her bombshell hearing.
"The eve of the hearing, according both to a person close to Spears and to law enforcement in Ventura County, California, where she lives, Spears called 911 to report herself as a victim of conservatorship abuse," the article claims.
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The records of the call are currently not available to the public due to the ongoing investigation.
The article also details how Britney interacts with fans on social media - something many members of the #FreeBritney movement have often questioned and wondered.
"Every Thursday at noon, about ten people responsible for managing Spears's legal and business affairs, public relations, and social media met to discuss merchandise deals, song-license requests, and Spears's posts to Instagram and Twitter," co-author Ronan Farrow penned.
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Tyla has gone to Britney for comment.
Topics: Music, Celebrity News, Britney Spears, No-Article-Matching