This article is from the source 'bbc' and was first published or seen on . It will not be checked again for changes.

You can find the current article at its original source at http://news.bbc.co.uk/go/rss/-/1/hi/northern_ireland/7106083.stm

The article has changed 3 times. There is an RSS feed of changes available.

Version 1 Version 2
Concert company in dire straits Concert company in dire straits
(about 9 hours later)
A government-funded body which brought many high-profile events and concerts to Northern Ireland is understood to be £1.2m in debt.A government-funded body which brought many high-profile events and concerts to Northern Ireland is understood to be £1.2m in debt.
MLAs are to debate the Northern Ireland Events Company's future on Thursday.MLAs are to debate the Northern Ireland Events Company's future on Thursday.
It brought Rally Ireland to Stormont last week, and has also attracted acts like Sir Elton John and Pavarotti. It has also attracted acts like Sir Elton John and Pavarotti, and has also been involved in sporting events.
The company's board and the Culture Department are investigating how it got into so much debt and whether it can avoid being declared bankrupt.The company's board and the Culture Department are investigating how it got into so much debt and whether it can avoid being declared bankrupt.
Funding for the company has been cut in recent years, and the debt thought to be £1.2m amounts to half its annual budget.Funding for the company has been cut in recent years, and the debt thought to be £1.2m amounts to half its annual budget.
Elton John played at Stormont in 1998Some sources suggest the government might bail out the company. Luciano Pavarotti sang at Stormont in 1999Some sources suggest the government might bail out the company.
However, Sinn Fein's John O'Dowd, who chairs the Public Accounts Committee, argues that the company has demonstrated poor financial management and should be wound-up immediately.However, Sinn Fein's John O'Dowd, who chairs the Public Accounts Committee, argues that the company has demonstrated poor financial management and should be wound-up immediately.
The company has brought big-name musical acts like the Eagles and Rod Stewart to Stormont.The company has brought big-name musical acts like the Eagles and Rod Stewart to Stormont.
More recently it has been involved in sporting events like the North West 200 motorcycle race.More recently it has been involved in sporting events like the North West 200 motorcycle race.