U2's manager Paul McGuinness to step down? U2 Tickets

Madonna's Guy Oseary is also confirmed to take over the band's day-to-day affairs

Photo: Next Previous

Photo Gallery: U2

U2's manager Paul McGuinness looks set to step down after 34 years.

It comes after reports revealed that Madonna manager Guy Oseary had recently been running U2's day-to-day affairs. McGuinness told the New York Times: "It could be seen as slightly poor etiquette for a manager to consider retiring before his artist has split, quit or died, but U2 have never subscribed to the rock 'n' roll code of conduct. As I approach the musically relevant age of 64 I have resolved to take a less hands-on role as the band embarks on the next cycle of their extraordinary career."

He added: "I have long regarded Guy Oseary as the best manager of his generation, and there is no one else I would have considered to take over the day-to-day running of our business."

McGuinness has managed the band's business affairs since 1979. He also set up the company, Principle Management, which is based in Dublin. It is believed Live Nation, has entered talks with Mr McGuinness to buy the firm.

Earlier, this week reports claimed U2 would release their new album in April 2014 and an announcement could be made at Super Bowl XLVIII in February with representatives for the band currently negotiating a deal with brands to announce the LP. Bassist Adam Clayton recently confirming that the group were planning to wrap up recording by the end of this year.


Read More On This Artist

Walk Onstage With U2 Walk Onstage With U2

Video: Walk Onstage With U2

U2 Tickets
Date/Time Venue Seetickets Viagogo


NOT AVAILABLE

Buy U2 Tickets

from £149


NOT AVAILABLE

Buy U2 Tickets

from £125


NOT AVAILABLE

Buy U2 Tickets

from £118


NOT AVAILABLE

Buy U2 Tickets

from £126


NOT AVAILABLE

Buy U2 Tickets

from £109


NOT AVAILABLE

Buy U2 Tickets

from £88

back to top

More News
Faith No More announce release of new single 'Superhero'
L7 announce reunion and European gigs
Drenge announce new album 'Undertow'
The Charlatans to play Brits Week gig at London's Brooklyn Bowl
East India Youth announces new album 'Culture of Volume'
BBC dismisses Brian Harvey 'peado protecting' comments as 'absurd and offensive'
Disclosure and Rudimental to stage their own festival in Brighton
'Avi Buffalo is over', frontman confirms
Taylor Swift disqualified from Triple J's Hottest 100 list after online campaign
David Bowie to release French-language version of 'Heroes' on red and blue vinyl
Alan McGee lends support to 12 Bar Club occupation
Bill Clinton turns down offer to play saxophone on US band Firework's album
Ian Brown tells court weatherman and teacher Fred Talbot made class watch gay porn film
Wu-Tang Clan members team up for documentary about Raekwon's solo album
Royal Blood, Jamie T, Sleater-Kinney confirmed for 6 Music Festival
Fans react to news of Tom DeLonge's departure from Blink-182
Possible early Aphex Twin demos posted onto Soundcloud by mystery user
Carl BarĂ¢t on new Libertines album: 'I'm proud of what we've written so far'
O2 Priority Tickets for The Vaccines, Elbow, Nicki Minaj and more available tomorrow
Alabama Shakes, Django Django and Slaves announced for The Great Escape 2015
Chris Robinson on The Black Crowes' split: 'It's more complicated than Rich's...
Blink-182 confirm split from 'disrespectful and ungrateful' Tom DeLonge

More News

Comments

Please login to add your comment.

Date/Time Venue Town/City Seetickets Viagogo
25 Oct 2015 The O2 Arena London

Tickets not currently available.

Buy U2 Tickets
from £149

26 Oct 2015 The O2 Arena London

Tickets not currently available.

Buy U2 Tickets
from £125

29 Oct 2015 The O2 Arena London

Tickets not currently available.

Buy U2 Tickets
from £118

More Tickets

Latest Tickets - Booking Now
 
Know Your NME
 

 
NME Store & Framed Prints
Inside NME.COM