Guernsey Festival is put ‘on hold’
Saturday 5th January 2013, 5:00PM GMT.
GUERNSEY’S biggest music festival has been put ‘on hold’ indefinitely after incurring large debts, organisers announced today.
The two brothers behind the Guernsey Festival, Jon and Paul Stephen, have revealed they cannot consider staging the event again without investment.
It follows court action from three companies against Guernsey Festival Ltd and one of its directors, Jon Stephen, for debts incurred.
‘We invested many hundreds of thousands of pounds into establishing a festival in Guernsey, but we are just two ordinary guys and cannot continue to subsidise an event of this scale,’ the brothers said in a statement.
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