Manchester Arts Crisis: Price Event Management Collapse Leaves Performers Thousands Out of Pocket

The vibrant arts scene in Manchester has been rocked by the sudden collapse of Price Event Management, leaving dozens of performers, technicians, and suppliers facing significant financial losses.

Financial Fallout for Local Talent

Artists and production staff who worked on events including Manchester's prestigious International Festival are reporting unpaid invoices totalling more than £100,000. Many are now facing personal financial crises, with some individuals owed thousands of pounds for work completed months ago.

A Pattern of Broken Promises

Multiple sources have described a consistent pattern of delayed payments and broken assurances from the company in the months leading up to its collapse. One performer, who wished to remain anonymous, revealed they are owed over £5,000 for festival work completed in July.

"We kept being told the money was coming, that it was just administrative delays," they said. "Now we discover the company has gone under, and we may never see that money."

Administration Process Begins

Price Event Management officially entered administration in early October, with business recovery specialists from Leonard Curtis appointed to handle the process. The administrators confirmed they are assessing the company's financial position and creditor claims.

Broader Impact on Manchester's Cultural Sector

This collapse raises serious questions about the financial stability of Manchester's thriving cultural sector. Many freelancers and small production companies operate on tight margins, and such significant payment failures could have lasting consequences for the city's reputation as a cultural hub.