Organisers of Sheffield’s Tramlines music festival say next year’s event will go ahead, despite a £40,000 loss this year.
Ticket sales of 50,000 were needed to break even, but only 27,700 paid £6 for a wristband giving entry to the main stage on Devonshire Green and a number of bars. The overall attendance over the weekend was 95,000.
A Tramlines statement said: “Going into the festival we had a range of scenarios that we considered. We had investment of £80,000 and looked at a number of contingencies from selling 20,000 day tickets through to selling 40,000 day tickets.
“We sold 27,700, so just shy of halfway. We hoped to sell more of course but we already have sufficient investment revenue to be certain of next year’s events.
“We are not alarmed and consider the event to be a financial success and more importantly the feedback has been overwhelmingly positive from the festival going public.”
Charges were introduced after a loss of sponsorship.