02 Arena Fined Davido N26m For Breach Of Contract


Davido joined the history makers, the likes of Beyoncé, Alicia Keys, Wizkid to sell out his show at O2 Arena, London recently.

The landmark created a rosy side and also a side you never heard of and might not really find adorable.

While the rosy story remains that the DMW boss created history for himself to the surprise of all, the other side reveals that he lost about N26m to fine placed on him by the management of O2 Arena.

In a recent interview with Hot 97 FM, Davido revealed how he managed to still sell out in spite of factors that might have prevented that from happening, one of which is the late-coming habit normally imbibed by most Africans

According to Davido, he had to wait just so those who had not arrived could make it. Although his performance was slated for 8pm, he did not start performing till 9:30pm. He said: “They said I gotta get on stage by 8, and I said alright and then by 8 o’clock my boy come tell me that brother you can’t go on stage right now and I say what you mean, he said brother everybody is still walking around, I looked at the stadium, half empty. I was going crazy.”

It might have been a reasonable thing for him to wait. But this came at a cost. Due to the fact that his waiting was breaching the contract he had had with the management of O2 arena, Davido had to pay a fine.

This fine was no small money. It was charged about 50,000 pounds. This is an equivalent of over N26 million. That is a huge sum of money for someone who is being ‘stood up’, right?

Well, Davido made the point of saying that he did not care. He just wanted to make his show a success and prevent a whole lot of people from blabbering or taking pictures that would go further than his success.

“I’ll pay two hundred thousand pounds in this place. Me, the way I know my people, people want me to fail.

“If I go on that stage that place is half empty, somebody will take that picture and that picture will go father than anything. I waited till that place was filled.

“I waited for about an hour and thirty before we started. I’d rather pay the fine because people don’t want you to win. Negativity goes way farther than positivity.”

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