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Daily Mirror
Daily Mirror
Entertainment
Joel Leaver

Ed Sheeran's touring income 'dropped by £69m to just £600' during year of pandemic

Ed Sheeran reportedly saw his income from touring drop from £70 million to under £600 during lockdown last year.

The 30-year-old scored the highest-grossing tour of all time with his Divide tour between 2017 and 2019 - featuring performances of tracks like Shape of You and Galway Girl.

It's understood to have made more than £630 million and it's been reported that during this period, the Grammy Award winner made almost £200,000 a day from live shows.

This source of income however is said to have plummeted during the first 12 months of the Covid-19 pandemic, with the singer-songwriter then reportedly making £1.62 a day.

Ed Sheeran had the highest-grossing tour of all time from 2017 to 2019 (Dave J Hogan/Getty Images)

A source has spoken to The Sun about the accounts for Ed's company, Hayagotatourboi Touring, and has claimed that his earnings from such nose dived last year.

They said: "He has absolutely raked it in from his tours and in the past three years the firm has made more than £250 million." This is said to amount to earning £192,000 a day.

The source said that following a break from touring, amid the pandemic and releasing his latest album, the daily income had lowered to around £1.62 a year later.

Ed is set to tour again next year following the release of his latest album, Equals (Jeff Spicer/Getty Images for Universal Pictures International)

The outlet reports that his account from touring for the 12 months up to the end of March 2020 held £70 million - but it claims that 12 months later, the same account had £591.

Further discussing the situation, the source added: "Taking a break from music in 2019 and working on Equals is the reason the cash flow in the account has dropped down."

They however predict that he's set to replenish the account with his upcoming Mathematics tour - with tickets having gone on sale in September this year.

Ed is expected to achieve similar financial success with his upcoming Mathematics tour (Nathan Congleton/NBC/NBCU Photo Bank via Getty Images)

The tour is in support of his latest album, Equals - which was released in October. The chart-topping album includes the singles Bad Habits, Shivers and Overpass Graffiti.

The album will be promoted by the upcoming tour, which is scheduled to begin in April next year - with the first date in Dublin. Ed will perform in several other cities in Europe next year including London, Amsterdam, Helsinki and Vienna.

Ed has collaborated with Sir Elton John for the festive track Merry Christmas - released earlier this month (Getty Images)

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The first leg of the tour is expected to keep him on the road until at least late September, with dates in Frankfurt then.

Ed is currently a contender for Christmas Number 1 with his collaboration with Sir Elton John. Their new track, Merry Christmas, has already spent two weeks at the top of the Official Singles Chart in the UK.

The Mirror reached out to reps of Ed Sheeran for comment.

Do you have a story to sell? Get in touch with us at webcelebs@trinitymirror.com or call us direct 0207 29 33033.

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