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The event was held to raise money for the victims of the tragic bombing which took place at Manchester Arena on May 22nd.
£18 million has been raised to help the victims of the Manchester terror attack which caused 23 fatalities during an explosion following an Ariana Grande concert.
The 24-year-old popstar helped to organise the fundraising gig at Emirates Old Trafford on June 4th which featured the likes of Katy Perry, Liam Gallagher, Coldplay and Justin Bieber.
In a statement, Councillor Sue Murphy said: "The city and the world responded with such extreme kindness, generosity and solidarity in the aftermath of the Manchester Arena attack.
"Thanks to this we have raised more than £18 million and we were conscious that we had to get some of swiftly this to those with immediate needs.
"We have therefore given around a third of the total to the bereaved families and £3.5 million to those who were hospitalised after the attack."
Councillor Murphy revealed that "over half" of the funds raised by the gig have already been allocated, with each family estimated to have received £250,000.
But of how the remaining money will be awarded, Councillor Murphy explained: "This will be a complex and sensitive process as we will need to assess the long-term impacts of the attack.
"We will issue an update as soon as we know more."