Liam Gallagher 'to lose 7-figures of Oasis payday' after slur apology

Liam Gallagher and his brother Noel will reunite on stage for the first time in almost 16 years as Oasis kicks off their long-awaited world tour tonight (July 4). After announcing their reunion in August 2024, the band’s 41-date run of gigs will begin with two nights in Cardiff’s Principality Stadium before embarking on further shows across the UK, the United States, South Korea, Japan, Australia and South America.

The surprise tour announcement sparked a major worldwide frenzy as long-time fans rushed to secure tickets to see the once-warring brothers on stage again after their 2009 backstage bust-up. With a number of extra dates added, it’s estimated that the initial dates alone could bring in £400 million in ticket sales and other add-ons. As a result, Noel and Liam are reportedly expected to earn £50 million each, but could also lose a staggering amount of money.

These estimations come from Birmingham City University, in figures based on the initial 14 dates shared by The Guardian, in what could be the most lucrative UK and Ireland tour ever.

In addition to the money made in ticket sales and merchandise, the Gallagher brothers have also signed other deals, which will see plenty more money poured in. There have been other reports of big companies like Netflix and Amazon Prime Video fighting to make a film of the gigs.

The Sun also previously revealed that the duo landed a £20million deal with Warner for the rights to their image in a merchandising deal, which came alongside their lucrative sponsorship deal with Adidas.

However, with a life-changing pay-day comes an eye-watering tax bill, as they could lose up to seven figures to the UK government.

According to the income tax calculator, Liam and Noel will potentially take home £26,511,786, which is the same as £2,209,316 a month.

After being paid £50 million each, calculations suggest they will have to pay £22,486,203 in income tax and £1,002,011 in National Insurance.

Meanwhile, Liam was forced to issue a public apology after he took to X, formerly known as Twitter, and wrote, “Ching-Chaeng-Chong,” a phrase widely condemned as offensive by people of Asian descent.

As the criticism threatened to overshadow Oasis’s October shows in South Korea and Japan, Liam quickly retracted his words and said: “Sorry if I offended anyone with my tweet before, it wasn’t intentional you know I love you all and I do not discriminate. peace and love LG x.”