![\"Nelly](\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/11\/GettyImages-2231926539-e1761942656566.jpg\")
\n\t\tManchester Pride owes over a million pounds after liquidation (Picture: Shirlaine Forrest\/WireImage)<\/p>\n
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\n\t\tManchester Pride owes over a million pounds after liquidation (Picture: Shirlaine Forrest\/WireImage)<\/p>\n
Manchester Prid<\/a>e owes \u00a31.3million to various stars and businesses, including headliner Nelly Furtado<\/a>, after going into voluntary liquidation.<\/p>\n The event, one of the largest LGBTQ+ gatherings annually, started legal proceedings for voluntary liquidation on October 22, with the full circumstances of its dire financial circumstances now coming to light. <\/p>\n In a statement announcing the liquidation, it shared that a combination of \u2018rising costs, declining ticket sales, an \u2018ambitous refresh of the format\u2019 and an unsuccessful Euro Pride 2028 bid led to the organisation being \u2018financially unviable\u2019.<\/p>\n Alongside eight members of staff being made redundant, it has been revealed in new documents that hundreds of artists and suppliers are yet to be paid for services.<\/p>\n A Statement of Affairs and Directors Report from KR8 Advisory, the company overseeing the liquidation, outlines that over \u00a31m is still owed to creditors from management companions to venues, performers and beyond.<\/p>\n With only \u00a3269,291 in the bank, it is understood they owe an exact total of \u00a31,306.683 with \u00a3145,755.75 required in payment to Nelstar Touring Inc, the indie music label for 2025 headliner Nelly Furtado.<\/p>\n \t\t In the documents seen by Manchester Evening News<\/a>, they also detailed Practical Event Solutions, which looks after security for events, is owed more than \u00a3167k, and St John Ambulance is owed \u00a347.3k.<\/p>\n Other headliners this year included Olly Alexander<\/a> and Leigh-Anne. <\/p>\n In its statement, Manchester Pride added: \u2018We had hoped to be able to find a way to continue, and, most importantly, to support our artists, contractors and partners. <\/p>\n \u2018Despite our best efforts, sadly, this has not proved to be possible. We are sincerely sorry for those who will now lose out financially from the current situation.\u2019<\/p>\n \t\t Earlier this month, several artists had come forward to share that they had not yet been paid for their work at this year\u2019s event, which took place from August 22 to 25, and had to sign a 60-day payment terms.<\/p>\n \u2018It\u2019s just really frustrating as an artist to have put the work in and then be treated this way by what is one of the biggest Prides in the UK. It\u2019s just really disrespectful,\u2019 Drag queen Zariah Zapanta told MEN<\/a> at the time. <\/p>\n It is understood organisers approached Manchester Council after this year\u2019s event for help with existing debts but but could not find a solution, according to MEN.<\/p>\n \t\t Just earlier this week, Nelly announced she had decided to quit live performances. <\/a><\/p>\n The Canadian musician, who rose to prominence in the 00s, saw a resurgence in popularity in recent years, as she acknowledged in a recent Instagram<\/a> post. <\/p>\n \u2018To have so many people rediscovering my music has been surreal and joyful. It\u2019s been so fun embracing this opportunity, getting out on stages again and seeing up close, the true lasting power of good music. It\u2019s made me really believe in magic.<\/p>\n \u2018All this aside, I have decided to step away from performance for the foreseeable future and pursue some other creative and personal endeavours that I feel would better suit this next phase of my life,\u2019 she wrote in her statement.<\/p>\n Metro has reached out to Manchester Pride and Nelly Furtado for comment.<\/p>\n Got a story?<\/strong><\/p>\n If you\u2019ve got a celebrity story, video or pictures get in touch with the Metro.co.uk<\/a> entertainment team by emailing us celebtips@metro.co.uk, calling 020 3615 2145 or by visiting our Submit Stuff<\/a> page \u2013 we\u2019d love to hear from you.<\/p>\n Arrow Arrow Arrow![\"Olly](\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/11\/GettyImages-2231928163.jpg\")
\n\t\tHeadliners at this year\u2019s festival also included Olly Alexander (Picture: Shirlaine Forrest\/WireImage)<\/p>\n![\"Manchester](\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/11\/GettyImages-2231668975.jpg\")
\n\t\tThe organisation started legal proceedings for voluntary liquidation on October 22 (Picture: Shirlaine Forrest\/WireImage)<\/p>\n![\"Nelly](\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/11\/GettyImages-2231926568.jpg\")
\n\t\t00s icon Nelly recently announced she is stepping back from live music (Picture: Shirlaine Forrest\/WireImage)<\/p>\n
\nMORE: Europe\u2019s one-of-a-kind Pride parade that happens on the water with 80 \u2018dazzling\u2019 floats<\/a><\/p>\n
\nMORE: The one place I felt safe now owes me thousands<\/a><\/p>\n
\nMORE: Manchester Pride goes bust leaving performers thousands out of pocket<\/a><\/p>\n