Manchester Pride, the annual festival that brought hundreds of thousands of visitors, and hundreds of millions of pounds, to the city’s streets each year, has started the process of voluntary liquidation.
Reports emerged last week that the event was facing financial difficulties, with performers from last year’s event still unpaid and fundraising efforts falling short. At the time the event organiser said that they were “in the process of determining the best way forward with our legal and financial advisers.”
This afternoon, it appears that liquidation was that way. The organisers have issued a new statement that reads:
“It is with enormous sadness that we announce that Manchester Pride has started the legal process…