SAY IT AIN'T SO..RI RI

Rihanna is on the verge of going broke - and has sacked her business manager Patricia Williams for "no good reason," according to reports.

The Umbrella hitmaker recently met with Williams to check on her funds and was shocked to see that almost all her money was missing; and instantly accused her now ex-business manager of "stealing her money."

Patricia insisted she was fired "for no good reason, all in ignorance" and is "livid" with Rihanna & her management company Rebel One's decision to fire her, reports Blackarazzi.com.

She says, "It's not my fault that she only has $20,000 to her name.

"I'm a professional Business Manager, I have a staff of more than a dozen, I have worked for many high profile actors, musicians and multi-million dollar corporations. Why would I steal from Rihanna?

"I showed her all the paperwork and tried to explain to her the circumstances but she wouldn't listen. She called me all sorts of horrible names and stormed off. I now feel compelled to share with the world the background story as I will not allow my name to be slandered."

Rihanna, born Robyn Rihanna Fenty, has had four back-to-back albums, including a re-release since her debut of Pon De Replay in 2005. Her single Umbrella was number one on both sides of the Atlantic while her recent album Good Girl Gone Bad has sold around 5 million copies worldwide.

She has also performed stadium tours across the US and Europe and signed lucrative sponsorship deals.

According to Williams, Marc Jordan -- the manager and owner of Rebel One Management -- has been taking care of Rihanna's financial situation with her. She claims Rihanna was not properly funded by her record label Def Jam, and her sponsorships and endorsement deals go towards recording and videos.

She explains, "Def Jam doesn't fund Rihanna properly, so Marc uses the money Rihanna makes from third-party endorsements and from tours to fund her album and music videos.

"I don't want to disrespect Marc's name. He is a fantastic manager and genuinely believes in Rihanna. But he uses her money to fund her future projects because he believes he can break her in the world-market.

"Her album sales are not nearly as close to her single sales and he knows that if she is only known as a 'singles artist' she will only be as good as her last hit. Unfortunately, he didn't inform his client and I'm receiving the brunt of it.

"Her record label Def Jam has put out 3 albums in a time span of 2 years.

"Alot of that was orchestrated through her management Rebel One. It was never Def Jam's intention to release so many albums back-to-back but Marc Jordan found loop holes and ways to make it happen.

"A lot of the money Rihanna made through her endorsements between CoverGirl Cosmetics, Samsung.. Notice that majority of Rihanna's videos have a cell phone in it?"