Wednesday, 1 April 2009

U2 'to donate £8.3 million to charity'

U2 will donate approximately £8.3 million of profits from their upcoming U2360 stadium tour to charity, it has emerged.

The band will be giving away 100% of the money raised from their 'Red Zone' VIP auction ticket sales, the Belfast Telegraph reports.

Around 600 premium tickets are being sold off at auction for the concerts, with bids starting from between €95 (£87) and €1,015.

A U2 spokeswoman said: "All of U2's income raised from the auction of Red Zone tickets will be donated to charity."

Charities believed to be benefiting from the scheme include Global Fund and organisations focusing on Africa.

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