So... This Colonel guy. Why was Elvis listening to him?
Movie portrayed Elvis as very stupid person who just went with his finances, not caring about anything, letting colonel guy to be in charge of everything. Then one day wanting to fire him. Then colonel told him he is broke and that he owes millions to colonel. Then Elvis was like: "Okey then. You are not fired". And then Elvis wasnt broke anymore and continued with his rich life. Its a miracle.
I dont think that this is how it went in real life. Movie dumbed down it to have their villain and push the narrative how Elvis was naive fool who got used by that shady guy.
Also it was funny when Elvis was like: "I perform every day. How can I be broke?"
And daddy saying: "Well, you spend a lot on houses, planes and stuff".
When celebrities get rich they start spending around like crazy flying around on charters and buying expensive things. Then when money dry out they are suddenly: "OMG. What happened? Where all those millions" )))
You spend them dummy )))