The SLEEPY HOLLOW star says The Viper Room brings back too many upsetting memories and he's decided to sever all ties with the exclusive establishment.
Depp is also fed up and disgusted with people who travelled to the club just to see the spot where close friend Phoenix collapsed and died from a drugs overdose at only 23-years-old.
The 41-year-old Hollywood hunk hasn't set foot in the in Los Angeles venue for two years and has been looking for a buyer for several months.
A club insider says, "Johnny really loved the club and put his heart and soul into the place. But the years since River's death have taken their toll. He thought the bad memories would fade over the years but it has just got harder.
"Johnny was really upset people just came to gawp at the spot where River died. That's what led to his decision to let his stake go."19/09/2004 15:05