Saatchi's masterstroke
This could be the biggest art news story of the year - Charles Saatchi, the man who has been at the helm of modern British art for over two decades and single-handedly wrangled some of the best talents in the nation, has just announced he is handing the reigns over to us, the British public.
Housed in the Duke of York HQ off the Kings Road, the 70,000ft Saatchi Gallery and its 200 plus works of art will be known as the Museum of Contemporary Art London, once Saatchi retires. Among the works (estimated to be worth £25m) are pieces from GQ's Feng Shui editor Tracey Emin, the Chapman Brothers, Grayson Perry and artwork from Saatchi's recent exhibits of Indian and Chinese art. The move promises to leave the nation unburdened from costs, with the museum continuing to foot the bill. While the Tate Modern, Saatchi's main rival, is busy cleaning up its public image after demonstrators dumped oil outside the South Bank gallery in protest over its BP affiliations, the creation of MOCA London might mark a new age of British art.
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