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Last Updated: Monday, 26 November 2007, 11:26 GMT
Popular music festival cancelled
Pete Townshend
The Who are among many acts to have played at the festival
A popular music festival in the Isle of Man has been cancelled because of financing issues.

The Peel Bay Festival attracted thousands of music lovers last summer.

However, organiser Jonathan Irving has decided to pull the event, planned for next June, after the government refused his request to underwrite the event.

The island's tourism minister Adrian Earnshaw MHK told Tynwald the potential cost to the taxpayer was not a good use of government money.

Mr Irving has criticised the minister's decision, claiming he has a "lack of vision and imagination".

Tourism boost

He said: "I was seeking a 250,000 event guarantee which is a figure up to 250,000 and is only probably about one third of what I actually lost this year.

"I did have a feeling that I might not need to rely upon it because I did feel there was a possibility of breaking even.

"The Isle of Wight Festival got substantial event guarantees because the authorities had vision and imagination.

"Unfortunately I am thinking both of those are lacking by the minister to see what this potential festival could do for the Isle of Man."

This year's week-long festival saw a variety of high-profile acts take to the stage, including legendary rock group The Who, as well as McFly, The Sugababes and Ronan Keating.

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31 May 07 |  Isle of Man
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21 Apr 07 |  Isle of Man
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11 Apr 07 |  Isle of Man
The Who to headline Manx festival
08 Feb 07 |  Isle of Man

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