Art Investment

As Charles Saatchi gave people the art

In early July 2010 the advertising magnate and collector Charles Saatchi (Charles Saatchi) announced his intention to donate his gallery of contemporary art worth 25 million pounds to the people of Great Britain. However, as reported on September 6 Agency BBC news, the transition Saatchi Gallery in state ownership was halted after sabotage discussions with representatives of the collector Arts Council England (Arts Council - the national agency carrying out practical policy in the arts and allocates core funding for projects in this area).

Department for Culture, Media and Sport Great Britain (DCMS), which includes the Arts Council, has not yet given comment on the negotiations. DCMS official says only that any such donation to the state requires a number of logistical issues. A detailed project implementation has not yet been completed. In general, the Government in July, has expressed its approval of the gift Saatchi.

Art editor BBC news Gomperz Will (Will Gompertz) put forward his version of the reasons for the delay. Perhaps the State is not satisfied with the method of funding, which is still used in the Saatchi Gallery and to guide the future Museum of Contemporary Art (MOCA - so going to call the Saatchi Gallery when it becomes public) is going to continue to apply: the partial sale of items from the permanent collection to maintain museum and purchase of new works. Such a policy at odds with the ethical code adopted by the British Association of Museums.

Some use the assumption that the new National Museum of Contemporary Art will be in some way to duplicate the existing functions of the Tate Modern.

Representative Charles Saatchi said that at the moment, they will refrain from commenting, but it is hoped that the comments will appear in the next few weeks.

Sources: bbc.co.uk , artinvestment.ru


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