A source told The Sun newspaper: "Bono and the band are covered by insurance but the cost of overheads and missed revenue could easily reach £100 million by the time he’s fit enough to perform again." Paul McGuinness, the manager of the Irish group – made up of Bono, The Edge, Adam Clayton and Larry Mullen Jr. – said: "If we play or not, touring still costs us £500,000 a day."
Earlier this month bassist Adam Clayton admitted he and his bandmates would have been happy to put on a simpler tour, but Bono had other plans. He said: "It was Bono’s vision. He’s that kind of performer. I think the rest of us would be happy to stand on an old beer crate but he’s the person working the stage." New tour dates are expected to be released later this week.
