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.
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