Michael Eavis says Glastonbury could go bankrupt if the festival doesn’t return next year
Glastonbury chief Micheal Eavis has warned that the future of the festival would potentially be up in the air if it is not allowed to go ahead next summer amid the pandemic crisis.
The Worthy Farm event was set to be headlined by Paul McCartney, Kendrick Lamar and Taylor Swift, however, it was cancelled in March because of COVID-19.
Speaking to The Guardian, founder Michael Eavis has stressed that the future of Glastonbury will hang in the balance if it can’t go ahead next summer: “We have to run next year, otherwise we would seriously go bankrupt… It has to happen for us, we have to carry on,” he explained. “Otherwise it will be curtains. I don’t think we could wait another year.”
Co-organiser Emily Eavis confirmed that the Glastonbury team 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.”
She added: “This festival has always evolved and found ways to survive, and I’m confident that we will again. Mutate to survive.
“We haven’t got unlimited resources – we carry enough to float the next event,” Michael said of the financial implications of cancelling Glastonbury 2020.