The future of two West County-based festivals looks uncertain due to financial issues.
Fears surfaced over the weekend that Bestival and Camp Bestival were under threat.
DJ Rob Da Bank founded both events and moved Bestival from the Isle of Wight to Lulworth in Dorsetwhere the family Camp Bestival has already taken place, in 2017.
According to reports, administrators will be appointed to Bestival Group, Bestival Ltd and Camp Bestival.
The Sunday Times claimed at the weekend that administrative notices had been lodged with the High Court.
According to documents filed at Companies House, Richmond Group Debt Capital provided a loan of up to £1.6million to the festival in February last year.
A statement was posted on the Camp Bestival website. Somerset Live therefore asked Bestival representatives if only the smaller family festival was affected by the reported financial difficulties.
But the festivals would not reveal more details.
A Bestival spokesperson told us, “Unfortunately, we are unable to comment at this time.”
When asked to clarify whether Bestival, Camp Bestival or both events were affected by financial issues, a spokesperson reiterated that they were unable to comment further.
Bestival 2018 hosted artists such as London Grammar, MIA, Grace Jones and Plan B in Dorset.
Full statement on the Camp Bestival website
The Camp Bestival website says the festivals are trying to bring a new partner into the organization to help with “financial commitments”.
The website states: “We can confirm that the Bestival Group has been experiencing financial difficulties in recent times, but the process we are in allows a new partner to come on board with the necessary financial commitments to deliver Camp Bestival 2019. in its best form.
“As it stands, we have every intention of making this show happen and moving forward into a new era.
“Thank you and love to our entire wonderful Camp Bestival community for all of your X support.”
The website then includes a series of questions and answers for those who might be concerned, listed below.
Q: What does it mean for me if I have already purchased tickets for 2019?
A: Your Camp Bestival tickets remain valid – we have no reason to believe that Camp Bestival will not go ahead as planned and we are in the planning phase for the 2019 event.
Q: How does this affect the Camp Bestival 2018 ticket refund process?
A: We are hoping for an update on the refund process as soon as we have a clear response and timeline from all agents involved. Apologies for the delay, we’re doing our best to get the answers you need and the process complete.
Q: Did this happen due to Sunday’s cancellation at Camp Bestival 2018?
No, not at all even if it was not a positive factor for the company.
Q: Can I get a refund on my Camp Bestival 2019 tickets if I wanted to change my plans?
A: In our current position, we see no reason for Camp Bestival 2019 not to take place, so all tickets are subject to our terms and conditions here.
Q: Does it affect me if I purchased Camp Bestival 2019 tickets using the monthly payment plan?
A: In our current position, we see no reason for Camp Bestival 2019 not to take place, so as soon as we have our new partner in place, Ticketmaster will contact you directly to resume their monthly payments as usual.
Are you a Bestival fan? Does the news worry you?
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