CLEVELAND -- When Dire Straits is formally inducted into the Rock and Roll Hall of Fame, one of the band’s founders says he won’t be there.

David Knopfler posted on Facebook that he won’t be attending the ceremony in Cleveland because the Rock Hall “reneged on their promise” regarding travel costs.

“In their wisdom after promising to pay my expenses they reneged on their promise ... I can well understand that with only $5 mil a year in sponsorships and 100k a table and no fees for the artist that paying my taxi to the airport must have given them heart murmurs like Squeers hearing Oliver Twist asking for more and frightened them into refusal otherwise one might get the wrong idea entirely about what they’re all about.”

Knopfler went on to say it’s a “great honour” to be included, but “the rest is just the usual Faustian BS.”

Rock Hall officials have not returned our request for comment.

CLICK HERE to see the full list of everybody inducted

LIST | CLICK HERE to see the list of special guests for Rock Hall induction night

He also said his brother, Mark, won’t be at the induction ceremony, either.

“Only John, Alan and Guy will be attending,” he wrote.

The class of 2018 inductees also includes Bon Jovi, The Cars, The Moody Blues, Nina Simone and Sister Rosetta Tharpe.

CLICK HERE for in-depth bios about each inductee

The ceremony will be held April 14 at Cleveland’s historic Public Hall. An edited version will air on HBO May 5 at 8 p.m.

See photos of the 2018 inductees: