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So imagine the disappointment of the mums and dads who forked out hard-earned cash for tickets to Justin Bieber's tour date at the O2 Arena.
Research from Visa Europe said the average amount to be forked out by each person in the run-up to Christmas will be [euro]227.
They also own a two-year-old bay colt Switcharooney which they also bought for 63,000 pounds and a two-year-old chestnut colt Tomway - named after his dad Thomas Wayne - for which they forked out 15,900 pounds.