Fans became furious after several bands reported the cancellation, while organisers only said an announcement would be made in due course. Now they've said it definitely won't take place, and they've revealed refund details for those who've bought tickets to see Marilyn Manson, Fields Of The Nephilim and others.

Insisting it was "never a scam or a con" they explain: "We've done everything we can to save it, but this week we ran out of time to raise all the required funds that were needed upfront.

"The festival was going to cost �1,703,000 in total to put on, including artists, riders, travel, accommodation, production: power, staging, sound, lighting, track way, fencing, water, waste, the venue fee, security, medical assistance, traffic management, health and safety, marketing and much more.