Festival boss awards himself salary of £60,000 from £32 million profits
Glastonbury boss Michael Eavis has said that he pays his cowman more money than he takes from the profits of his own festival.
In an interview with the Western Daily Press, Eavis said that he takes home a salary of £60,000 even though Glastonbury posts profits of over £32 million. “I get a wage of £60,000 but I pay more than that to my cowman,” he said. “I am not going to buy a flashy car – I bought a Mini for my wife 14 years ago. I don’t really like going on holiday – I just have a little cottage in Cornwall.”
Eavis, who was given the Music Industry Trusts award last November for his services to live music, also said that he chose to give most of his money away to charity. “There is no money stashed anywhere,” he revealed. “We do a lot on the charity side – we aim for £2 million a year. I like to go into the following year on the edge – I like that. I like the challenge. Yesterday, the girls said there is a quarter of a million left over. I said let’s get rid of it, send it on to the charity today.”
The Glastonbury boss went on to insist he had no intention of “slowing down” in the future because he enjoys running the event so much, and also spoke about whether his daughter and co-organiser, Emily Eavis, would be taking sole control of operations at Worthy Farm in the future. “Emily is now 35. She didn’t really like it at the beginning – try and tell a three-year-old why 100,000 people are in her back garden. She didn’t understand it all at first,” he said.
“She is working her way into the role but will decide whether she wants it. She is very cunning and very clever, but at the end of the day, does she want it? The role is very demanding – you are at everyone’s beck and call every day of your life.”
Last year NME.COM users voted for Oasis as the band they would most like to see headline Glastonbury 2015. Bookies current favourites to headline the event include Foo Fighters and AC/DC.