Blue – Lose the Shirts off their backs as their company runs into financial difficulties. Photograph courtesy of reallyrich.com

British Boy Band (well Man Band) who represented the UK at Eurovision 2011 go bust – according to British Media. The band who reformed for Eufovision 2011 where they placed 11th – followed this up with an appearance on the highly popular TV show “The Big Reuninion” seemed to be on their way to a return to their successful days – where they had 3 UK #1 singles and #1 albums. 

Band members Antony Costa, Duncan James, Lee Ryan and Simon Webbe have called in administrators for their company Blueworld Ltd. Creditors are owed thousands of pounds by the company and a source said “There was no warning that the band had money problems. This has come as a complete shock.”

The boys are on a sell-out European tour and tonight play Recklinghausen, Germany, before a series of UK dates starts in June. The source said: “Letters have been sent out by the administrators to creditors who are owed substantial sums by the band. “No one knows if they will get back the full amounts they are owed or if it will be much less.”

(YouTube Video Courtesy of Eurovision)
Blueworld Ltd. also runs the official Blue Fan Club where members pay a subscription of £45 for membership that includes a t-shirt and other merchandise. It is not known if this will also be affected in this financial situation. According to the management team, Blue have not hid their financial challenges and are restructuring the current business model and hope to do another UK tour in 2014. Well things can only “All Rise” and if anyone “Can – Then Blue Can”.

Author/Website co-founder ad Editor in Chief Garrett Mulhall

Source – Eurovision Ireland and The Sun