FYRE Festival Organizers Officially Fielding Offers From Buyers

FYRE Festival organizers wish to mild the vendor’s marketplace at the competition scene ablaze … formally fielding provides for FYRE’s IP — and in search of thousands and thousands to phase with it.

Sources on the subject of the competition inform TMZ … greater than 700 provides had been submitted to organizers since they introduced they might phase with the rights ultimate month.

While many are lowball provides and jokes, we are advised about 86 had been authentic … and, organizers have met with about 30 or 40 of the ones official doable patrons to speak turkey.

As you already know … a part of the cause of the sale is as a result of the debate that cropped up when officers in a town in Mexico claimed competition organizers by no means reached out to them, in spite of FYRE organizers protesting another way.

We’re advised officers from Utila — an island off the Honduras coast — and the Turks and Caicos Islands have reached out hoping to host FYRE Festival 2 … so, the FYRE staff needs to select an organization this is open to going to a kind of places.

Once bought, our resources say Billy McFarland — FYRE’s founder who served more than one years in jail for fraud after the primary competition debacle — will now not be concerned formally … even though we are advised he is open to staying on if the corporate that buys it needs his assist in some capability.