Thursday, July 11, 2013
Elton John's Insurers May Have to Pay Out $16M
Festival dates on the 66-year-old's tour that have had to be cancelled will have to be refunded, meaning insurers could have to foot the bill.
The Mirror reports that, whilst many of the star's gigs have been rescheduled, those that have been scrapped would have seen him play to more than 200,000 people; some of whom will have paid up to £100 for a seat.
“Artists have insurance for the promoters’ liability. Elton is insured so they get their money back or they can have another concert," a source told the paper.
“It has all been taken care of and will be rescheduled. No promoter will be out of pocket.
“Elton even spoke to some of the festival promoters to apologise because he has been working with them for so long.”
The 'Candle In The Wind' singer is on a course of intensive antibiotics to treat the infection, and doctors are expected to operate in the coming weeks.
"He is at home and no one knows yet when he can have the operation," the insider added. "He has to just sit and wait. After the op, it is a case of resting up for a while and then he will get back on stage.”
- Entertainment Wise