U2 to lose £100million

  • Bang Showbiz
  • 17 June 2010
U2 frontman Bono

U2

Irish rockers U2 could lose £100million after pulling out of 17 shows of their US tour

Bono could cost U2 £100million.

The lead singer of U2 has been told by doctors to rest for two months following emergency back surgery and will now miss out on the start of the group's US leg of their 360 Degree tour.

Bono was said to be "heartbroken" after pulling out of 17 US dates and Glastonbury festival in the UK, and now the problem may hit his bank balance too.

A source told The Sun newspaper: "Bono and the band are covered by insurance but the cost of overheads and missed revenue could easily reach £100 million by the time he's fit enough to perform again."

Paul McGuinness, the manager of the Irish group - made up of Bono, The Edge, Adam Clayton and Larry Mullen Jr. - said: "If we play or not, touring still costs us £500,000 a day."

Earlier this month bassist Adam Clayton admitted he and his bandmates would have been happy to put on a simpler tour, but Bono had other plans.

He said: "It was Bono's vision. He's that kind of performer. I think the rest of us would be happy to stand on an old beer crate but he's the person working the stage."

New tour dates are expected to be released later this week.

U2

The legendary Irish rock group – comprised of Bono, The Edge, Adam Clayton and Larry Mullen Jr – perform a number of shows as part of the eXPERIENCE + iNNOCENCE tour.

Manchester Arena

Fri 19 Oct

£35–£190 / 0844 847 8000

Sat 20 Oct

£35–£190 / 0844 847 8000

The O2 Arena, London SE10

Tue 23 Oct

Prices to be confirmed / 0844 856 0202

Wed 24 Oct

Prices to be confirmed / 0844 856 0202

The SSE Arena, Belfast

Sat 27 Oct

£38–£185 / 028 9073 9074

Sun 28 Oct

£38–£185 / 028 9073 9074

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