Prince cashflow troubles just keep getting tighter. A Dublin judge has ordered His Purpleness, now 51, to pay Irish concert promoters up to $2.95 million for pulling out of a concert in the eleventh hour.
High Court Justice Peter Kelly ruled that Prince entered a deal with Dublin promoters MCD Productions Ltd. to perform in Dublin’s 82,300-seat Croke Park in June 2008, but withdrew just days beforehand — this after 55,000 tickets had already been sold.
Prince offered no explanation for the cancellation. MCD, Ireland’s biggest concert organizers, said it had paid Prince half of his demanded $3 million fee up front, another $950,000 to book the venue, and advertised the concert aggressively.
Oddly enough, this follows news this week that Prince owes over $450,000 in state taxes in Minnesota.