Ed Sheeran’s LOOP world tour has taken off with a remarkable start, generating an astounding £5 million per concert during its initial phase.

The 35-year-old musician, whose financial worth is estimated around £370 million, launched the tour in January from Auckland, New Zealand.

As reported by The Mirror, the acclaimed artist sold a phenomenal 754,050 tickets over a span of seven weeks, concluding this segment with a final performance in Adelaide, Australia, in March.

According to music industry analysts Pollstar, the Oceania portion of the tour alone amassed a staggering £74.2 million in ticket sales.

The tour covered 17 performances in eight different stadiums, with each night bringing in an impressive average of £5.32 million.

These earnings do not account for additional revenue streams such as sponsorships and merchandise. The average ticket price was approximately £98.40.

Ed Sheeran’s LOOP world tour got off to a flying start, raking in a staggering £5million per show during its opening leg

According to The Mirror, the chart-topper shifted a huge 754,050 tickets over seven weeks, wrapping the run with a final show in Adelaide, Australia, in March

Ed is now taking a well-earned break before heading to Latin America, where the next leg kicks off in Santo Domingo on May 9. 

It comes after the Daily Mail reported that Ed is set to bank £12million after closing down his touring firm. 

The singer filed accounts at Companies House on April 7 to wind down his Hayagota-tourboi Touring LLP company. 

The firm has banked over £400million since it was first set up in 2012 and the most recently filed accounts for 2024 showed a turnover of £40.3million.

After settling its debts, the firm had a profit of £12.5million which will go to Ed when the company has been closed. 

The hitmaker also set up a new firm called Gingerbread Touring last year – likely the new company where he will put his tour earnings.

Ed recently revealed his wife Cherry Seaborn is ‘on the other side’ of her cancer journey as he reflected on the moment he found out about her diagnosis.

Doctors discovered Cherry had a tumour in her arm in February 2022 while she was six months pregnant with their second child, daughter Jupiter.

The tour spanned 17 shows across eight stadiums, averaging an impressive £5.32million per night

Ed recently revealed his wife Cherry Seaborn is ‘on the other side’ of her cancer journey as he reflected on the moment he found out about her diagnosis (seen in 2018)

In the same week Cherry found out she had cancer, Ed’s best friends Jamal Edwards and Shane Warne died suddenly and a court case launched over his song Shape Of You, where Ed was accused of plagiarising and which he later won.

After Ed and Cherry, 32, who wed in 2019, welcomed Jupiter into the world, the mother-of-two had an operation to remove the tumour.

Sharing an update on his wife’s health, Ed explained: ‘The day Cherry rung me up and said that she had cancer, that was probably one of the worst days.

‘That was probably the worst week because Jamal died that week as well and then we went straight into the court case. And then Shane died.

‘She’s fine, I mean she had the operation. She was pregnant at the time so that’s why it was difficult.

‘She had the operation to remove the tumour after she’d given birth to our second child. Thankfully, touch wood, totally fine.’

Ed chatted to Benny Blanco, Lil Dicky and Kristin Batalucco on an episode of the Friends Keep Secrets podcast.

When Cherry first sought medical help, she was initially told by a doctor ‘this is really bad’ and that she had cancer.

The mother-of-two immediately rang Ed telling him to cancel all of his plans, while they waited an agonising month long wait for the full report.

But Cherry was told there were no treatment plans that would work with her pregnancy.

After a sequencing test was done on the tumour, the couple found it was much less severe than what was thought originally and surgery could be done after she had given birth to Jupiter.

Cherry said in Ed’s Disney+ documentary: ‘It was the most incredible news. I nearly threw up when the surgeon told us we could wait to the end of the pregnancy to get the tumour out.

‘We didn’t have to worry about delivering the baby early.’

Ed and Cherry went on to welcome Jupiter and announced her arrival in May 2022 with a sweet Instagram post. The couple are also proud parents to Lyra, four.

In Ed’s documentary, Cherry gave an update on her health after going for a check-up appointment months after the initial surgery – and was thrilled when she was told the tumour hadn’t come back.

She said: ‘Yesterday I had follow up scan in my arm to see if the tumour had come back. We were silent in the car as we were worried it would be bad.

‘It was super triggering being in the same room when things weren’t so positive at the start of the year. The surgeon looked at the scans and it all looks good. The lymph nodes have all calmed down. That was amazing. It was massive for us.’