A pull-out by Beyoncé Knowles has a Manhattan clubowner threatening a million-dollar lawsuit.

The pop princess was slated to perform tomorrow at M2 — the West 27th Street nightclub that used to be Crobar and Mansion — as part of the launch of her “I Am . . . Sasha Fierce” North American tour. M2 owner Joey Morrissey agreed to pay the singer $200,000 for the gig, he says.

But on Wednesday, Beyoncé’s people suddenly pulled the plug on the performance, despite having signed a contract that had prompted Morrissey to spend $100,000 preparing for the show, according to the clubowner. “They said they were too busy with the launching of the tour and that they wouldn’t have time to do the kickoff party,” Morrissey tells Page Six.

To make up for the cancellation, Morrissey says Beyoncé offered to stop by the club “to hang out for an hour” on Sunday. He adds, “I mean, we sold tables for thousands of dollars for the show, and spent $100,000 renting a soundboard and other equipment, as per their stipulations. What good does her showing up for an hour do me? They’ve been totally unwilling to agree to another show.”

As a result, Morrissey says he’s now preparing to file suit against Beyoncé, claiming his place has suffered a “loss of reputation” in addition to the sunk cash. “We had an overwhelming response from our clubgoers, who were lining up to buy tickets and tables. This will come as a great disappointment to all of them,” he claims, adding, “If Beyoncé cancels and doesn’t give us a new date, this hurts our credibility in night life.”

The gig, which was initially posted on the singer’s Web site, has since been taken down. A rep for Beyoncé at Sony did not respond to our phone calls and e-mails.

Source, Bauer-Griffin

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