Navigation
You Ought to Know
RightMenu Breaking News on Verdult Art Verdult Art Financing Your Verdult Art Hot Deals On Verdult Art Publications About Verdult Value of your Verdult Features Joining Yazzy's Mailing List Art Gallery Owner's Forum Art News on the Net
Search our Site!
Subscribe
The Insider
Right Menu Archive - Art News RSS Feed Community the Insider
Yazzy's Newsletter Free Stuff Archives - Home Archive - Features
Media, Money, and Museum Kit: 7 Power Packed Books
Recall - Certificate of Authenticity IRS Appraisals for Verdult Art
advertisement
« Africa's "Miami" boasts Art Deco trove, Yazzy's at www.williamverdult.com | Main | US pop art giant dies aged 82, Yazzy's at www.williamverdult.com »
Monday
May192008

Abramovich 'buys £60m paintings' , Yazzy's at www.williamverdult.com

Chelsea Football Club owner Roman Abramovich bought two paintings that were sold at record-breaking auctions last week, according to reports.
_44652426_freud226.jpg

Lucian Freud's Benefits Supervisor Sleeping sold for £17.2m on Tuesday, followed by Francis Bacon's Triptych, which fetched £43m just 24 hours later.

The Art Newspaper quoted sources saying the London-based Russian billionaire was the buyer of both paintings.

A spokesman for Mr Abramovich declined to comment.

He said: "We don't get into personal matters."

The life-sized Freud painting of a sleeping, naked woman, titled Benefits Supervisor Sleeping, sold for $33.6m (£17.2m) at Christie's in New York.

Christie's described the work, which shows Jobcentre supervisor Sue Tilley asleep on a sofa, as a "bold and imposing example of the stark power of Freud's realism".

It set a new world record price for a work by a living artist.

The following day, Sotheby's sold Bacon's Triptych (1976) for $86.3m (£43m) - the most ever spent on a work by the British artist - also in New York.

The three panelled picture depicts a headless human form surrounded by three vultures and flanked by two portraits of disfigured human faces.

Meanwhile, two more paintings by Freud and Bacon are expected to fetch more than £25m when they come up for auction next month.

Freud's Naked Portrait with Reflection (1980) shows a nude model spread out on a tattered sofa and is estimated to fetch up to £15m at Christie's.

Bacon's Three Studies for a Self Portrait is expected to fetch more than £10m at the same Christie's Post War and Contemporary Art Evening Sale on 30 June.

References (1)

References allow you to track sources for this article, as well as articles that were written in response to this article.

Reader Comments

There are no comments for this journal entry. To create a new comment, use the form below.

PostPost a New Comment

Enter your information below to add a new comment.

My response is on my own website »
Author Email (optional):
Author URL (optional):
Post:
 
Some HTML allowed: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>