Glastonbury 2008 Did Not Make Any Money

November 1, 2008 · Filed Under Glastonbury 2008 · Comment

Michael Eavis, the founder of Glastonbury music festival told the BBC that this years festival had suffered because of rising costs .

“Glastonbury costs £22million now, it’s a huge cost,” he said.

“The infrastructure, the fencing, the roads, the water and the loos, the marquees, the management, the security and the police, it goes on and on so we do have to sell out in order to make it work.”

Even though the festival didn’t make a profit they still made donations of 1 million pounds to its charities.

“We still made about a million pounds for the charities we work for, so we actually achieved a million but we didn’t make any beyond that. There’s no money to reinvest or anything,” he said.

“Having said that, it’s the first year in 39 years that we didn’t make anything out of it, so it’s not bad really is it.”

Tags: Glastonbury 2008