stigwood associates finances ran out halfway through the berry tour and he called in the receivers, owing £40,000 to his creditors. emi offered to bail him out, but he refused because he was anxious to get out of the unfavourable deal he had with the company. his business partnership with stephen komlosy ended at that point. he fought valiantly to maintain the illusion that he had kept his personal wealth intact, although in reality he was flat broke. but, according to simon napier-bell, stigwood managed to fool enough people to keep his creditors at bay while he re-established himself. within two years, the crisis was over.