Taken from bbc.co.uk
Eavis says it was his best even though Glasto 2008 made no money
31 October 2008 - Michael Eavis has said this year’s Glastonbury festival was his favourite, but for the first time in 39 years the event didn’t make any money.
Due to a rise in fuel prices and general costs, there was no margin for investment in next year’s event.
Despite this, the organisers said they still managed to give a million pound donation to their chosen charities.
Eavis scooped three awards at the UK Festival Awards for Best Major Festival, Outstanding Contribution and Most Memorable Moment, for Jay Z’s rendition of Oasis’ Wonderwall.
Speaking to 6 Music at the UK festival awards, Michael Eavis said: “It was hard work making it work last year because costing had gone through the roof and the diesel costs had gone up by about 200,000 pounds. All the other costs had gone up as well.
“Glastonbury costs 22 million now, it’s a huge cost. The infrastructure, the fencing, the roads, the water and the loos, the marquees, the management, the security and the police, it goes on and on so we do have to sell out in order to make it work.”
Speaking about their finances, Eavis said: “We still made about a million pounds for the charities we work for, so we actually achieved a million but we didn’t make any beyond that. There’s no money to reinvest or anything.
“Having said that, it’s the first year in 39 years that we didn’t make anything out of it, so it’s not bad really is it.”
But Eavis says his line up for next year is looming large and he is positive that tickets will be snapped up in a trice: “I’m very confident with the bands that we’ve got next time that we will sell out.”
100,000 tickets have already been snapped up for the festival, which won back its UK festival crown after being voted Best Major Festival.
Despite slurs over its line-up this year, the festival won three awards at the festival at London's IndigO2, proving its return to form.
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