Tom HallElectric fields, which was controversially moved from Dumfries and Galloway to Glasgow, has now been cancelled.
The festival was due to take place at Finnieston complex SWG3 after organisers moved the three-day event from its original home of Drumlanrig Castle, near Thornhill in Dumfries and Galloway.
The venue move, which would have changed the event from a greenfield experience with camping to a music event in a large city, was opposed by many fans when announced in April.
A statement from the organisers said that ‘with a heavy heart’ they had ceased trading, and urged fans to seek a refund from their point of purchase.
The event has run for the past four years, and included headliners such as Young Fathers, Noel Gallagher, Frightened Rabbit, Primal Scream and Dizzee Rascal.
The Electric Fields statement on Twitter, said: “With a heavy heart, we are having to cancel Electric Fields 2019. This decision has not come lightly, and we have put in our all to try avoid this outcome, however we have been faced with challenges that we simply cannot overcome.”