Ron Mueck’s “Dead Dad” (front) and Damien Hirst’s “The Physical Impossibility of Death in the Mind of Someone Living

Charles Saatchi’s pledge to donate his gallery and modern art collection to the public is in jeopardy after talks with the Arts Council broke down.

Mr Saatchi announced the proposal in July, which would include 200 works of contemporary art valued at around £25m. Culture Secretary Jeremy Hunt called the gift, including Tracey Emin’s My Bed, an “act of incredible generosity”.

It is not clear why the talks failed, but it is understood that the idea of part-financing the institution after it had been handed over by buying and selling items from the donated collection runs against the code of ethics set out by the Museums’ Association.

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Tom Peck
The Independent

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