A music festival planned to take place in West Sussex has been cancelled because its main sponsor has pulled out, the organiser has said.
Sussex Rocks was due to be staged on Southgate Playing Fields, Crawley, over two nights in May.
Organiser Tony Witton said the main sponsor had pulled out, leaving the event with a shortfall of tens of thousands of pounds.
He hopes to attract a new backer in time to hold the festival in 2012.
'Very big names'
Mr Witton said: "In the case of Sussex Rocks we're just a victim of the current financial situation really.
"Basically we were scheduled to stage the event in May of this year and really at this late stage it just didn't give us enough time to get everything in place.
"We've got a number of investors who are still enthusiastic and still very very much on board. We just need that extra little bit to plug the gap really.
"We were looking at a five figure sum, so quite a substantial amount."
He added: "We thought we'd done the hard part, we've got all the legal permission.
"We've been working quite closely with the borough council and emergency services on the health and safety side."
Mr Witton said he had been in talks with some "very big names" to perform at the festival but no tickets had been sold.
The event, which was given the green light by Crawley Borough Council in October 2010, had hoped to attract up to 60,000 people.