Manchester Pride has is entering voluntary liquidation following ongoing financial difficulties and a series of unpaid invoices to artists, contractors, and suppliers.
In a statement released this afternoon, the organisation blamed a combination of rising costs, declining ticket sales and their unsuccessful bid to host Euro Pride as the reasons for the organisation being financially unviable.
They added that they regretted the delays in communicating the current situation saying that they were keen not to jeopardise financial opportunities while our discussions were ongoing.
“We were proactive and determined to identify solutions to the financial issues. We’ve been actively working with several partners, including legal and financial advisors, to do everything we could to find a positive solution. We had hoped to be able to find a way to continue, and, most importantly, to support our artists, contractors and partners. Despite our best efforts, sadly, this has not proved to be possible. We are sincerely sorry for those who will now lose out financially from the current situation.”
“The volunteer Board of Trustees are devastated at this situation and sad to share that our staff team will be made redundant. We, along with the team, have put our hearts and souls into the celebration and community activities over two decades and are very distressed at the position in which we find ourselves. We would like to sincerely offer our thanks to all of our staff, volunteers and supporters who have contributed so much to Manchester Pride over the years.”
