Ozzy, Sharon Osbourne Pay Off Nearly $720K Worth Of Debt

Slowly but surely, Ozzy Osbourne and wife Sharon are chipping away at their mammoth tax debt.

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Slowly but surely, Ozzy Osbourne and wife Sharon are chipping away at their mammoth tax debt.

As Perez Hilton reports, the Prince of Darkness and his bride have forked over the $718,948.25 they owed for 2008, taking them one step closer to being even-steven with the U.S. government.

The couple still owes a combined $1,381,245.65 for 2007 and 2008, according to Perez, but Sharon has said that she's making efforts to stay "on top" of such financial troubles, ContactMusic reports.

If Ozzy needs extra revenue, he might soon get a boost from new Black Sabbath recordings.

In a recent interview with the NME, the legendary singer revealed that the newly reunited metal legends have written 15 songs since getting back together.

"Next year - 2013 - is a good clue of what we'll call the album," Ozzy said.

See Ozzy and Sharon's home photos:

YouTube preview picture

Thanks for the report to Noisecreep.com.

14 comments sorted by best / new / date

    pomes
    So that's why they wouldn't have Bill.....
    jurnag12
    Maybe I'm overestimated their earnings, but after a pretty long and successful music career and a hit reality show, they can't come up with 2 million to just get rid of the debt in one go? Or are there some legal reasons for that that I'm not aware of?
    acdc51502112
    you have to be making money to owe taxes, what this tells me is they're just shitty at avoiding taxation. They should talk to Mit Romney and the Big Banks on how to not pay any taxes and get money back from the government!
    Blume
    Since when is Perez Hilton a credible source of information? On another note, didn't Ozzy just buy a Ferrari 458 Italia? What kind of country do we live in that a person with 1.3 million in tax debt can just go out and buy a 350k sports car? Us mortals would have our wages garnished and/or serve prision time.
    Voodoochile711
    Maybe I'm overestimated their earnings, but after a pretty long and successful music career and a hit reality show, they can't come up with 2 million to just get rid of the debt in one go? Or are there some legal reasons for that that I'm not aware of?
    They've probably spent almost as much money MAKING that music and that show, though.
    nnb
    stratoking191 wrote: i didn't know Ozzy's middle name was Sharon
    Actually my grandfathers middle name as my grandmothers name, so it is possible.
    SirBiggithBrian
    cbabb7 wrote: Whos the douche in the video
    'He's Chad Rogers from Reator.com's Celebrity Home News' He says that as if we are meant to know him.