• Text size      
  • Send this article to a friend
  • Print this article

Skye music festival pulled as administrators are called in

The Isle of Skye music festival has been cancelled this year after organisers racked up a reported £500,000 in debts, it emerged last night.

The Isle of Skye music festival has been cancelled this year after organisers racked up a reported £500,000 in debts, it emerged last night.

Loading article content

The event, which had been voted the UK's most fan-friendly two years ago, launched in the summer of 2005 and attracted some of Britain's biggest bands to Ashaig airstrip near Broadford.

It has emerged, however, that some musicians and suppliers have still to be paid for their work at last year's event.

Festival organisers had spent large amounts of money in order to attract bands such as Kasabian, Primal Scream and KT Tunstall.

But crowds were lower than anticipated, leaving the festival with a significant shortfall. Organisers had expected 8000 people a day to turn up, but the event averaged just over 5000.

Administrators have now been called in.

Organisers confirmed that the festival would not go ahead this year but said that measures were being taken to stage the event again next year "with a view to honouring the event's commitment to its existing creditors".

John Gilbertson, the festival director, who has been a long-time champion of the need for a live music event on Skye, said: "Our intention at present is to start a phoenix company which will allow us to hopefully stage the event again in 2009.

"This will enable us to raise funds which we will put towards paying off existing creditors.

"We take our responsibilities seriously and this is currently our principle priority."

Commenting & Moderation

We moderate all comments on HeraldScotland on either a pre-moderated or post-moderated basis.
If you're a relatively new user then your comments will be reviewed before publication and if we know you well and trust you then your comments will be subject to moderation only if other users or the moderators believe you've broken the rules

Moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith those hours. Please be patient if your posts are not approved instantly.

PARCH1.878428