Michael Jackson - Michael Jackson Concert Company Goes Bust
The company behind Michael Jackson's tribute concert in Cardiff, Wales last month (Oct11) has gone into administration after falling into debt.
Michael Forever - The Tribute Concert was held at the city's Millennium Stadium in October (11) and featured performances from acts including Christina Aguilera and Cee Lo Green.
However, the memorial gig was marred by controversy throughout the planning stage as Kiss, the Black Eyed Peas and Jennifer Hudson all dropped out of the line-up, while the Jackson family was divided over whether it should be staged at all.
Following the show, reports emerged suggesting crew members who worked at the gig had not been paid in full by Global Events Llp, the firm behind the concert, and now it has been revealed the company has gone into administration as bosses struggled to pay off massive debts.
A spokesman for London-based insolvency practitioners Rsm Tenon confirmed Global Events has gone into administration, stating, "We are currently conducting our initial review of the business."
Company co-founder Michael Henry tells Walesonline.co.uk, "All enquiries about Global Events should be made to the administrators."