Mccartney Liverpool Gig 'To Go Ahead'
An historic performance by SIR PAUL MCCARTNEY in his hometown of Liverpool, England will go ahead - despite fears the concert would be cancelled over financial issues.
The former Beatle's gig at the city's Anfield football stadium has been green-lighted after Liverpool City Council gave $3.4 million (GBP1.7million) to his company, MCCartney Productions Ltd (MPL), to stage the event.
According to the BBC, not agreeing the deal "was likely to result in the concert being cancelled".
The $3.4 million covers costs such as stage and lighting hire, licence fees and insurance for the gig - but organisers are reluctant to confirm the Capital of Culture-organised event will definitely go ahead.
Phil Redmond, creative director of the Liverpool Culture Company, told the BBC, "I am as sure as anybody in my position would be at this stage, but I'm not going to come out here and say to MCCartney's people, 'This concert will happen no matter what the cost.'
"I'm not going to say, 'This concert will go ahead regardless,' because at the end of the day there always comes a line when you say this is not worth it."