An event acquired by Shepparton’s Allan Turner has been cancelled with the company Events Move Enterprises Pty Ltd going into liquidation.
Just 90 days after acquiring the Miss Muddy events, managing director Mr Turner made an announcement on the Miss Muddy Facebook page and said all events had been cancelled.
‘‘There are no funds available to enable refunds for the upcoming events,’’ he said. ‘‘We sincerely apologise for this outcome.’’
In an open letter, Mr Turner took the full blame for what had happened since Events Move Enterprises had purchased the event from Adam McDonald of Fun Events Pty Ltd on July 1.
‘‘It has only been three months since we took over and since then it simply came down to cash flow in versus cash flow going out, to run this business and also to obtain income to run the four remaining Miss Muddy events (in Brisbane, Hunter, Henty and Melbourne),’’ he wrote.
‘‘It just did not add up or work for us.’’
The letter went on to explain Events Move Enterprises were required to sell more than 8000 tickets but were successful in selling only 2600 tickets.
Mr Turner said the total budget to run the final four events sat at $507000 which would not return a profit.
‘‘What tickets we sold was spent on running Events Move (Enterprises Pty Ltd), deposits on sites fees/services/goods, paint, medals (30000) singlets (12500 pre-sales) staff wages, import duty, admin fees and the list just keeps going and overhead costs absorbed whatever income was obtained between July 1 until today,’’ he said.
‘‘I made mistakes along the way and I put my hand up for these mistakes, but no matter what these were and how that panned out, there was no way we could sell 8000 tickets to make the events work between July 1 and (October 9). For this I am personally and truly sorry for and I apologise for everything that has happened between July 1 until this day October 9, 2018. It is my fault, I take full blame.’’
The cancellation and announcement tickets would not be refunded left participants angry who reached out to Channel Nine program A Current Affair.
Mr Turner told A Current Affair, which aired on Thursday night, he was a broken man due the fact his charitable organisation the Zaidee Rainbow Foundation had been associated with the liquidation.
He and wife Kim started the foundation in 2005 following the death of their daughter Zaidee, who was just seven.
Last year the foundation purchased the Mad Cow Mud Run which was successfully held in Shepparton in March this year.
Mr Turner was contacted by The News for comment but did not wish to add anything further to his statement on the Miss Muddy Facebook page.