Jump to content

Galtres Festival destroy Traders Lives


adamscae
 Share

Recommended Posts

  • Replies 197
  • Created
  • Last Reply

Top Posters In This Topic

Setting up a new event with stolen money from traders is not the way forward!!!

absolutely right. There's no way I'd consider knowingly-supporting a venture that was doing that.

I'm happy to give the traders any/all the support they want over this, but I don't want to do it without the traders aski8ng that I do - because a successful festie next year probably is the only chance you have of see3eeing some money back.

Link to comment
Share on other sites

It's pretty clear the traders have very little chance of getting any money back.

I'm not sure what the legal position is but if I was a trader I would be looking at the possibility of action against the Directors if the company has gone under. It appears the traders' money has effectively been stolen.

If this is the case then the festival does not deserve to survive.

Link to comment
Share on other sites

Call me stupid, but if Galtres 2015 does go ahead and they pay this years traders from the profits of 2015, how do they intend to pay the 2015 traders ?

Are they expecting massive ticket sales ?, really, who is going to risk their money on a festival who will have a history of ripping people off ?

You have to wonder when this new plan came in to action..... they must have known long before the festival that they wasn't going to make it :negative:

Link to comment
Share on other sites

Call me stupid, but if Galtres 2015 does go ahead and they pay this years traders from the profits of 2015, how do they intend to pay the 2015 traders ?

I presume that the idea is that they'll make big-enough profits next year to cover the losses from this year.

It's not so unusual for a business to try and bail itself out like this, but ultimately it's much like a gambling addict making a bigger and bigger bet in the hope of getting back what he's already lost. It works for a business even less than it does the gambler, I reckon. ;)

You have to wonder when this new plan came in to action..... they must have known long before the festival that they wasn't going to make it :negative:

Many smaller festival sell a big chunk of their tickets at the last minute, so it's quite possible they wouldn't have known where the finances really stood until the Sunday afternoon of the festival weekend. They'll have probably been keeping their fingers crossed for a decent walk-up crowd (I know that's how it works for many fests).

So it's probably not pre-planned as you suggest, and it's probably a plan born of desperation, the only possible way they can see of being able to pay everyone they currently owe - when they could just shut up shop now and leave those people unpaid.

So, to give credit where credit is due - even in this bad situation - the attempts at a festival next year shouldn't be regarded as only-bad, if they really hope to pay everyone back.

Any problem is likely to be that it's not a realistic plan.

Link to comment
Share on other sites

Im one of the traders and have lost over 4.5 K, we've only been trading for 2 years so it is a massive chunk gone from our year.

What I can't get my head around is WHY US? I know that sounds dramatic but it does apear that the traders that they chose not to transfer their money too are small fry, dispensable traders...i.e ones that they do not require to attend next year as they get 100's of street food applications every year!

Also, why use a cashless system that didn't work out in 2013?? And why use a different company even if it did work out?! Might be worth us getting in touch with cashless company from last year....

Link to comment
Share on other sites

I presume that the idea is that they'll make big-enough profits next year to cover the losses from this year.

It's not so unusual for a business to try and bail itself out like this, but ultimately it's much like a gambling addict making a bigger and bigger bet in the hope of getting back what he's already lost. It works for a business even less than it does the gambler, I reckon. ;)

Many smaller festival sell a big chunk of their tickets at the last minute, so it's quite possible they wouldn't have known where the finances really stood until the Sunday afternoon of the festival weekend. They'll have probably been keeping their fingers crossed for a decent walk-up crowd (I know that's how it works for many fests).

So it's probably not pre-planned as you suggest, and it's probably a plan born of desperation, the only possible way they can see of being able to pay everyone they currently owe - when they could just shut up shop now and leave those people unpaid.

So, to give credit where credit is due - even in this bad situation - the attempts at a festival next year shouldn't be regarded as only-bad, if they really hope to pay everyone back.

Any problem is likely to be that it's not a realistic plan.

I do think that you are correct in what you say here, as hard as it is to swallow...the problem I'm finding it hard to understand is that it was never their money to take...we weren't employed by Galtres, they have instead used our business takings to pay off debt and other traders

Link to comment
Share on other sites

I do think that you are correct in what you say here, as hard as it is to swallow...the problem I'm finding it hard to understand is that it was never their money to take...we weren't employed by Galtres, they have instead used our business takings to pay off debt and other traders

Robbing Peter to pay Paul isn't the most ideal fiscal policy, and is born of desperation. I can't see any circumstances that would negate the view that, at one point, they consciously made the decision to fuck you over. That they let you turn up, work your balls off, dispense your own costly products, knowing all the time that you were going to be the fall guys and not them. That's quite a dangerous approach to take in my view.

Link to comment
Share on other sites

Galtres was one of the highlights of 2014 for me. It had an atmosphere that is all but gone from other festivals. In principle I supported the g card system; it seemed a fair way of sharing profit and allowed traders to keep prices reasonable without risk. This turn of events has left me a bit sick, to be honest. It's not simply a case of more outgoings than incomings, it is deliberately taking money which is not theirs to take. I had assumed it would have been a third party which held the money (don't know why I thought that, common sense maybe) then paid each party accordingly.

At some point the organisers have made a concious decision to steal the traders money. It is theft,; not incompetence, not mis-management, not misfortune, but a deliberate and possibly planned robbery from those who can least afford it. It goes against everything we were told about the card system. I feel cheated (I can only imagine how the traders feel).

It is with much sadness that I shall be giving Galtres a swerve next year.

Link to comment
Share on other sites

this website is not.

I think taking off their details was definitely the right thing to do under the circumstances. It would appear to me that the festivals organisers don't deserve free advertising, and that people across the country on this site who might be considering going in 2015 know that if they pay for a ticket in advance that they might be the next 'victims'.

Link to comment
Share on other sites

So, as a trader, what IS your view about publicity?

If Galtres were willing to communicate politely and professionally about how they could "trade their way" out of the problem using a successful 2015's proceeds, then negative press would be stupid. However, there is a clear clause in James's quite abusive email stating that they cannot use 2015 sales to cover the losses.

What is the incentive, then, for traders to keep their traps shut? None.

Link to comment
Share on other sites

However, there is a clear clause in James's quite abusive email stating that they cannot use 2015 sales to cover the losses.

If the organisers have a profitable 2015 festival then they could all pay themselves a dividend from the operating company. Once they have that dividend in their personal accounts then they could then pay them out of that money. I don't suspect that they will do this though. I get the impression that they would rather, if pushed, wind up the trading company and lose their debts than actually put their hands in their own pockets like any person with decent morals would.

Link to comment
Share on other sites

Just to say thank you for all the support we are getting from this web site , by removing Galtres from the site and also from the festival goers who have shown us a great deal of support and encouragement. More and more traders are coming forward now who have not been paid, We had another one today who is owed £5000. We have had no response from James Houston or any of the directors from any of the correspondence we have sent them. They are certainly not communicating or trying to resolve this issue. So just once again. A big thank you from all the traders.

Link to comment
Share on other sites

it is not only traders that will be out of pocket but I suspect everybody who had credit left on their card, I have worked on the bar for the last 3 years for which we get credit on our card and due to doing extra shifts and not feeling that well on the sunday it still had £45 left on it.

I had already purchased an early bird ticket for 2015 but as payed with paypal started a dispute for non delivery as the payment was made to the company which has according to the galtres website ceased trading.

But not surprised they are in trouble when they moved to the much larger site last year they expanded too much and lost a lot of the atmosphere it previously had, and that with the change from paper tokens to an troublesome electronic system put off a lot of people from returning this year.

Link to comment
Share on other sites

Amazing what can be found out on Twitter! The more traders they can help that have been screwed over the better.

You should check out the so called charitable holding company's accounts at the charity commission http://apps.charitycommission.gov.uk/Showcharity/RegisterOfCharities/CharityWithoutPartB.aspx?RegisteredCharityNumber=1116636&SubsidiaryNumber=0

This is the 'owner' of the trading company that went bust and which also owed money to traders from previous festivals. A quick search also shows Houston is a director of the trading company, the charity and Crucial Events which managed the event - bet they got paid.

For all the the emphasis given by the festival to its charity status it doesn't seem to have made many donations to local good causes.

Link to comment
Share on other sites

This whole episode needs sharing on Facebook (other social media sites available). Until now I've told anyone who'll listen what a great festival galtres was. From now on I'll be telling them that a bunch of crooks run it.

I'm right behind the traders with this. We were told the g card would benefit the small traders; the little guy willing to bust a nut to make a living. We were told that because traders didn't have to stump up massive pitch fees then they wouldn't have to charge a 'festival premium' and prices would be fair and competitive. And to their credit the traders did pass on the savings to their customers, prices were kept to a reasonable level (mostly). And for that they deserve our support.

As far as I'm concerned the organisers have shit in their own shoes. I can't see how they can carry on after this. Who in their right mind would buy an early bird ticket, knowing the kind of people that are taking their money? And knowing that if it goes tits up they have zero chance of getting their money back.

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Unfortunately, your content contains terms that we do not allow. Please edit your content to remove the highlighted words below.
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
 Share

  • Recently Browsing   0 members

    • No registered users viewing this page.



×
×
  • Create New...