Queen legend Sir Brian May admitted feeling "resentment" after the band's original management contract left them "deeply in debt" despite enjoying chart success. "After three albums people thought we were driving around in Rolls-Royces already. Actually we were deeply in debt and our accountants explained that the management contract was set up so that most of the money would never get through to us. That's when we started to feel very resentful. The debts were a terrible pressure," he admitted.
"We couldn't pay lighting companies, sound companies. It affected our private lives too. John (Deacon) had a baby by then and he was still living in a bedsit because Trident (management) refused to give him a couple of thousand for a house deposit," he fumed. Desperately unhappy with their monetary woes the band sought advice from several respected music industry individuals before opting to decamp to Elton John's then manager John Reid.
Reassuringly he allowed them to simply concentrate on the music and sent the band to the studio with instructions to forget about it all while the lawyers worked their magic.
"It worked brilliantly. We had time to write. I think we knew we had something special. We said, This can be our Sgt. Pepper. Or whatever," he recalled to Q magazine in 1991.
The resulting work was their iconic 1975 album A Night At The Opera which spawned their first number one single, the legendary Bohemian Rhapsody.
John managed the band for three years between 1975 and 1978 before they amicably parted ways with the band's management transitioning to Jim Beach, affectionately nicknamed Miami by Freddie Mercury.
Having finally found management that worked for them the band's relationship with Jim remains to this day and although he has since retired as their manager his daughter has taken over the mantle as the guitarist revealed recently.
Sharing a picture from Jim's birthday celebrations in Vevey in Switzerland to his Instagram account Brian shared a heartfelt post.
"Happy Birthday to the extraordinary long time Queen manager Jim Beach - still sharp as a razor at 83!!!
"Seen here at lunch in Vevey - with Anita, myself, Jim's equally extraordinary lady wife Claudia, and his lovely daughter, our new manager, to whom the baton has been safely passed - the already redoubtable Matilda Beach."