Company that sold O2 tickets owes more than entire annual turnover
Mail on Sunday › June 29, 2009
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Summary
THE promoters of Michael Jackson's planned concert extravaganza face serious questions about how they will finance refunds worth Pounds 50million to fans who bought tickets.
AEG Live - one of the UK arms of US billionaire Philip Anschutz's entertainment group - only persuaded insurers to underwrite 20 of Jackson's 50 performances at London's O2 Arena.See the full content of this document
Extract
Company that sold O2 tickets owes more than entire annual turnover
The total cost of tickets, staging the concerts and insurance is Pounds 300million.
...See the full content of this document
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