Glastonbury founder Michael Eavis has shared his worries that beloved UK music festival Glastonbury could go bankrupt if it doesn’t go ahead in 2021.
His candid comments come after the Somerset festival was cancelled this year due to the coronavirus pandemic.
This year’s festival was set to be headlined by Sir Paul McCartney, Taylor Swift and Kendrick Lamar, ahead of it being axed.
Speaking to the Guardian, to tie in with the festival’s 50th anniversary, Eavis said: “We have to run next year, otherwise we would seriously go bankrupt … It has to happen for us, we have to carry on.”
The 84-year-old added: “Otherwise it will be curtains. I don’t think we could wait another year.”
Michael’s daughter Emily, who is a co-organiser of Glastonbury, said that they would be in a “very serious situation if we had to cancel next year’s event”.
“But then the whole live industry will be hanging in the balance if we have another summer without festivals, and we don’t know what level of government support there will be for this industry.”
However, trying to remain positive, Emily said the festival had always found ways to “evolve and survive”.
The BBC is still holding a “virtual festival” this week, broadcasting some of Glastonbury’s most iconic performances since the music event was first televised in 1997.
Festival-goers, who had secured tickets for this year’s festival ahead of it being scrapped, have been given the chance to roll over their £50 deposit to next year, which will guarantee them a spot at Glastonbury 2021.