Disgraced Fyre Festival founder lifts lid on $1m-a-head SEQUEL but admits: ’It could just crash’

FYRE Festival’s Billy McFarland owes $7million in back taxes, as well as a stunning $26million in restitution but still vows the second iteration of the failed festival will go on. In an exclusive sit down with The U.S. Sun, McFarland, 32, opened up about his mountain of debt and how he thinks the only way to get out of the hole he’s in is by throwing Fyre Festival 2. Continue reading: The Sun delivers breaking news, latest gossip and incredible exclusives around the world with hubs in London, New York, Scotland and Ireland. Covering topics from news, money and sport along with our famous Fabulous Magazine, The Sun is the biggest news brand in the UK and one of the fastest growing news sites in the US. Stay tuned for video clips across the biggest news stories and segments from The Sun’s expert journalists. Become a Sun Subscriber and hit the bell to