Organisers of next weekend's Beyond the Pale festival taking place in Co Wicklow have insisted that it is going ahead, after reports circulated that it was to be cancelled due to financial concerns.

It is understood that some booking agents had received a call last night telling them that it could not go ahead.

The festival, being headlined by Jon Hopkins, Róisín Murphy, and TV on the Radio, is run by promotor Declan Forde from Cupola Events Ltd with an address on Trinity Street in Dublin city centre.

It is understood he spent today trying to ensure the festival could go ahead as planned.

More than 12,500 people, as well as 1,000 staff and artists are due to attend, with many due to camp at the festival.

Structures including fencing and marquees for the festival are set to be built on the Glendalough Estate, with Wicklow County Council having signed off on the final event management plan on 29 May.

DJ Dave Clarke, who presents RTÉ 2fm's White Noise post-techno and electro show, is due to fly to Ireland from Amsterdam for the event.

He said he had been reading the mounting speculation about the festival online but would make the journey anyway.

"I'll be travelling to Ireland. I love it too much but it's very confusing. I have seen this news coming from serious sources but the information changes all the time."

He says his after-show party will definitely be going ahead in Dublin and he still hopes to play at the festival.

Organisers had promised a more detailed statement about what is happening this afternoon but so far no further clarity has been received.

Source: RTE.ie