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Manchester Pride put into voluntary liquidation and being assessed by regulator
Manchester Pride has been put into voluntary liquidation and is being assessed by the charities regulator, with the future of the event in doubt.
Artists, suppliers and freelancers have been left unpaid, some of them owed thousands, the performers' and creatives' union Equity said. After nearly a week of speculation and a period of financial difficulty, Pride's organisers cited rising costs, declining ticket sales and an unsuccessful bid to host Euro Pride as factors behind the decision.
The organisation is a charity and limited company that campaigns for LGBTQ+ equality and puts on the annual parade and live events. The company had been in financial difficulty, according to latest accounts, and gone through a series of directors in recent months.
All three directors appointed in August resigned this month. An up-to-date picture of Manchester Pride's finances is not available, as the last update was submitted in September 2024 for the year up to December 2023, showing a consolidated deficit of nearly £500,000.
At that point, the company said it could continue to exist, as a "going concern.
Amir Nisi
Creative and experienced content writer with 6+ years of experience lazy to create unique content strategy for News5 to turn website visitors into customers.
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