MANILA, Philippines - The wildly rumored U2 concert in Manila won't happen this year, if it's ever pushing through.

This was relayed to Inquirer Entertainment by promoter Francis Lumen, whose events company, Concertus Inc., was earlier negotiating to bring in the Irish superstar act.

?The problem is, we're being required to hold it in a 100,000-capacity stadium, which we don't have,? explained Lumen, who's also president of MTV Philippines.

Although there isn't any forthcoming U2 tour, either, the band has reportedly expressed a desire to perform in one Asian country. Lumen's staff, tasked to scout for a suitable venue, failed to find one.

Keys to MoA

Meanwhile, MTV Philippines also announced that the Alicia Keys concert on Aug. 5 will be transferred from the Araneta Coliseum to the Mall of Asia Complex in Pasay. The open-air grounds, said to have a capacity of 25,000, is also allegedly ?more audience-friendly? than the Fort Bonifacio open field, which has a rough, unpaved surface.

But the main reason for the change in venue, Lumen pointed out, is that he wants to keep ticket prices low in the general admission section.

The 11-time Grammy-winning Keys, whose current live act includes a 48-member cast, has upped her talent fees, and to hold the concert at the Big Dome would correspondingly increase ticket prices, Lumen said.