UPDATED – THE organisers behind this year’s planned WOWFest music festival have failed to pay the required £140,000 upfront cost.
The Isle of Wight Council decided at a hearing last month that, under the Isle of Wight Act, payment for Policing, the Fire Service and safety would need to be made upfront otherwise the licence application would be reconsidered.
Music lovers are due to descend on the three-day music festival at Shanklin in August, however doubt is now firmly set as to whether the event will go ahead or not.
In response to news that the WOWFest organisers have not paid the costs required under the Isle of Wight Act, Cllr David Pugh, Isle of Wight Council Member for Shanklin South said:
“This is no surprise. Many of us have had concerns for some time about the ability of the organisers to properly finance this event to make it safe and secure. Their failure to meet the reasonable costs by the required deadline raises serious questions about their ability to competently manage this event on any scale.
“Myself and local residents will be waiting to see what next steps are taken by the IW Council and the police before we decide on our next move. We strongly believe that there are now very clear grounds for a review of the premises licence and if this is not pursued by the authorities, we will make the application ourselves.
“In the meantime, we would strongly urge people not to buy tickets or agree to undertake any contracting work for the festival. There remain serious questions about the financial credibility of the event, and we wouldn’t want anyone to risk being left out of pocket.”
UPDATED SATURDAY: An application has been made by Hampshire Constabulary for WOWFest’s event licence to be reviewed following yesterday’s failure to pay the £140,000 upfront costs.