Through legal documents dated of March 25, 2009, Rowe said Jackson had signed an agreement in which Rowe to manage his finances as well as the series of shows scheduled for the O2 in London.

Rowe claimed that this year, because of involvement with Michael Jackson, he had totaled $51,218 in expenses which included hotel fees, car rental fees, restaurant bills and airline tickets.

The legal document also includes the agreement that the King of Pop had allegedly written on and signed.

Meanwhile, Jackson performed well among a list of high earning deceased celebrities, but didn’t finish in first place, despite amassing millions of dollars via the sale of rights to video footage taped during his final rehearsals.

Forbes magazine has put Jackson in third place on the list of dead celebrities, behind celebrated French fashion designer Yves Saint Laurent and the composer duo of Rodgers and Hammerstein.

Over the last year, the estate of Yves Saint Laurent earned 350 million dollars (£214 million) during the last 12 month, an amount which dwarfs the 90 million dollars (£55 million) earned by  the King of Pop’s estate.

Saint Laurent, who had succumbed to brain cancer in 2008, topped the list thanks largely to an auction of artwork which included paintings by masters such as Mondrian and Matisse.

As for Jackson, the vast majority of his posthumous earning came through the rights of This Is It.

Forbes also estimated that his posthumous income was increased by the sale of about 9 million albums and 5.5 millions digital downloads since last June, when the singer died.

The Forbes list also included Elvis Presley, who came in fourth place with 55 million dollars (£34 million) during the last year.