Reading Festival site put up for sale
The Reading festival could be in line for a change of venue after the current site was put up for sale, according to organisers Mean Fiddler.
The 65-acre Richmond Avenue site, which has been used for the festival since 1971, has been put on the market by current owners Caledonia Investments.
Mean Fiddler’s managing director Melvyn Benn insisted the future of the festival is safe but admitted that the possibility of increased rent from new owners could force the company to look elsewhere.
He said: "A new owner could put up the rent but only if we keep using it in the future. The Reading festival is as secure and exciting and fantastic whether we use that site or not."
Mean Fiddler have expressed interest in buying the land, although other parties are reported to be interested, according to icBerkshire.
Ticket sales for the festival net around £9 million in revenue for organisers every year.
This year’s event takes place August 24-26 and will feature headline performances from Smashing Pumpkins, Razorlight and Red Hot Chili Peppers.
- Smashing Pumpkins - Oceania
- Smashing Pumpkins - Siamese Dream (Deluxe Edition)
- Smashing Pumpkins - Gish (Deluxe Edition)
- In Photos: The Smashing Pumpkins @ O2 Academy, Sheffield
- Listen: Passion Pit cover Smashing Pumpkins
- Smashing Pumpkins - Teargarden By Kaleidyscope 1: Songs for a Sailor
- Spotifriday #38 - This Week on DiS as a playlist
- Smashing Pumpkins free song project sees first EP release
Smashing Pumpkins
Red Hot Chili Peppers
it was 'up for sale'
last year as well.
PLease concret it over with shit pits for ugly couples and their dog children
that would be great.
Mean fiddler should just buy the site
they would make the money back, though that will mean massive hikes in ticket prices
by that logic
they've bought the site every year since 1992.
I'd
buy it for a tenner.
RichFIELD Avenue
not Richmond Avenue.
There's a problem with Mean Fiddler buying the site
The people who own it have said it's a standard auction - everyone submits a closed-envelope bid, highest amount gets it at that price.
Property is the main front of capitalism these days, and believe me the owners of that land don't give a toss whether it stays with the Reading organisers or not. I hope they don't get it - Mean Fiddler has other neighbouring land and would still be able to keep the festival there. I don't like feeding property developers, because all I see is how difficult it is for anyone to get a place to live these days, and whilst I don't begrudge people making money per se, there's just something very wrong with the way this is all going...
Maybe if we all chip in a tenner...
We could buy it, consortium styley.
Then tell MF to piss off. Hahahahahahahahahahaaaaaaa!
Who's with me?
Well
Provided other potential bidders see that and don't bid, or offer sod all, it won't be a problem. But property developers and sentiment don't mix unfortunately. What a depressing world we live in sometimes!
Heh
I don't especially mind Mean Fiddler. Without them we wouldn't still have a Glastonbury, for one thing. Melvyn Benn always seems very genuine to me.
Now if we could get Carling un-involved so they could sell beer that doesn't taste like piss, that's a different story...
its
a flood plain, cant be built on really, all its good for is grazing and doing loads of drugs
Isn't there
supposed to be a couple of million quids worth of gravel underneath the site. I'm sure I read something about this, last time the site was up for sale
DiS joins the Music Alliance Pact + May 2013's global MAP compilation
Drowned in Bristol #12
DiS Does Singles 13.05.13: Swim Deep, These New Puritans, The National
Darkstar, Ed Harcourt, Halls, Wall +more for 3 DiS-curated nights at Great Escape 2013
Interview: Frank Turner on The Olympics, The Backlash, Thatcher and Black Flag
Drowned in Nottingham #14
Twitter
Facebook
Last.fm
SoundCloud
MySpace
Friendster
RSS
Comments
- Post a new comment on this article