The Royal Academy of Arts in London may be forced to sell off art from its collection to cover operating expenses and pay back debt. Photo: AFP
Stricken by financial problems, the Royal Academy of Arts in London is weighing up selling a tondo by Michelangelo to save 150 jobs, reports the Guardian.
The sculpture, which has been in the British institution's collection since 1829, could fetch as much as £100mil (RM534mil) if it goes to auction.
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
