Slow ticket sales and a lack of monetary support are to blame
THis year’s Beachdown Festival has been cancelled, organisers have announced.
A statement on Beachdownfestival.com explained that organisers were left with no choice but to pull the event “due to slower than forecast ticket-sales and lack of support at a critical time from our bank and certain suppliers”.
The statement reads: “Very simply we were unable to meet the demands that the current economic climate put against us and at the eleventh hour despite having most of the infrastructure in place we have been forced to cancel the event.
“We also wish to advise everyone that we explored every possible avenue to finance the event including re-mortgaging our houses to combat the unwillingness of banks to support us.”
Those due to attend the festival are advised to “get information from the outlet that you purchased the ticket from in the first instance”.
Ticketholders are also advised to keep checking Beachdownfestival.com for the latest information from organisers.