After reports of very low audience numbers at the recent Hop Farm Festival in Kent (June 29 to July 1), a July 3rd statement to shareholders from Vince Power's Music Festivals plc has said that sales for both Hop Farm and the company's flagship Benicassim festival in Spain, were lower than expected, and that this was affecting the company's revenues.
Power has made an unsecured loan of £750,000 to provide more working capital for the company
Hope farm was headlined by Bob Dylan, Peter Gabriel and Suede and Benacassim features New Order, Florence & The Machine, Stone Roses and Noel Gallagher's High Flying Birds.
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