Hope & Glory Festival Ltd, the company behind the music festival in Liverpool, has gone into liquidation. Insolvency firm Butcher Woods told Access that the company filed the case on 1 September. Rod Buther said the company owed nearly £890,000 to 32 creditors, including Liverpool City council.
The two-day music was cancelled on 6 August due to overcrowding and acts were pulled off at the last moment due to scheduling delays.
It has been reported that the council said it was “seeking recovery of costs associated with the clean-up operation” for the festival at Liverpool’s St George’s Quarter.
Ticket selling websites Eventbrite and Skiddle have reported they had given full refunds to people with tickets for the cancelled day and a 50 per cent refund for weekend ticket holders.
According to a BBC report, Eventbrite had already paid festival organisers for the funds collected from ticket sales and was now “aggressively pursuing Hope & Glory” for reimbursement.
Skiddle director Ben Sebborn told the BBC that in spite of collaborating with the festival organiser “it became clear that our customers would remain out of pocket unless we intervened”.
Sebborn now believes it’s “very unlikely that Skiddle will receive reimbursement from the festival organisers”.
The council is holding an independent review “into the operational detail” of the festival.