Liverpool Council is to formally accept more than half a million pounds from the city’s private sector towards the staging of Eurovision.
After it was confirmed in October last year Liverpool had won the right to host the European song contest, questions swirled around how the city would finance the show. In December, the local authority said it would put up a capped amount of £2m, matched by the Liverpool City Region Combined Authority.
Liverpool BID Company, which supports hundreds of businesses across the city, is to put up £600,000, which the council’s cabinet is to formally accept when it meets on Friday. Bill Addy, Liverpool BID chief executive, told a culture and visitor economy select committee hearing last year the company had made a £300,000 contribution towards staging the song contest and would also underwrite the fan zone that will be situated on the Pier Head for the same amount.
