Bacon artwork bought for £8 million
Published on: 15-Oct-2007
A painting by Francis Bacon has fetched more than £8 million at auction.The artwork, Study from the Human Body, Man Turning on the Light, was sold at London auction house Christie's for £8,084,500.
The piece had been owned by the Royal College of Art who now hope to use the funds to build a new campus in Battersea.
Commenting on the sale, Sir Terence Conran, Provost of the Royal College of Art, said: "When the College first discussed the possibility of selling this picture in order to raise funds for future development, I met with my friend Francis Bacon to ask about his views of the proposed sale."
Explaining that the college received the painting in exchange for use of their studio, Sir Terence continued: "It pays great testament to the benevolent nature of the artist that he gave the decision his full and enthusiastic support if it would be of benefit to the students of the College."
He concluded: "It is indeed a fitting tribute to Francis Bacon that the rent from his short tenancy at the College will now be used to help countless future generations of students at the Royal College of Art."
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