Singer Robbie Williams to court investors: Report
London: British singer Robbie Williams may sell the right to half his future album, touring and sponsorship earnings in a 50 million pound ($83 million) deal, one of his managers was reported to say on Saturday.Managers for Williams, whose hits including "Angels" and "Let Me Entertain You," will court investors as a possible alternative to signing up with a record label, The Times newspaper said.

The former Take That singer is nearing the end of a 55 million pound, four-album deal with British music group EMI.

"Obviously we are talking to several record companies about a new deal for Robbie, but we are also looking at talking broadly to all potential investors, including financial institutions," Tim Clark, one Williams` advisors, was quoted as saying.

Potential investors would be sounded out in the first half of next year, though it was possible the singer would re-sign with EMI, he added.

The potential scheme would involve financial partners paying a cash advance in the hope eventual earnings exceeded the investment.

Previous singers to have tapped financial markets include David Bowie, who launched the Bowie Bond in 1997, when he raised $55 million guaranteed against 10 years` worth of royalties generated by his songs.

Clark was unavailable for comment.

Bureau Report