After rumors hit the net earlier this week about Beyoncé dropping her father to have her husband Jay-Z manage her, her current management posted a statement on its Web site. “Contrary to false rumors online, Beyoncé and her manager Mathew Knowles unequivocally have had and continue to have a close personal and business relationship. Mathew Knowles is the sole and exclusive manager of Beyoncé,” it reads. There have been rumors of a strained relationship between the two.