"Hats off to [the National Gallery] for getting the money; that type of competition is good. But we have to ensure we do the right thing for the national collection and not something really stupid that'll have national galleries at each other's throats because that's crazy. I know 400m sounds like a lot of investment, but one Rothko is 150m: if you want a Basquiat, it's over 100m. I understand that they're over the moon with this amount of money, but I just think a reality check in favour of the national collection is important."
"If the National Gallery collects, there will be competition for acquisition and much bad blood, as in the 1970s."
The National Gallery reversed an agreement that prevented acquisition of works created after 1900 as part of Project Domani, backed by £375m for a new wing. The move prompted an official offer of cooperation from Tate leadership and the creation of a joint working group. Some senior sources at Tate view the policy change as a threat that could reignite a historic rivalry and provoke competition over high-value acquisitions. Concerns include potential "bad blood" and the high market cost of major modern works, while other figures acknowledge the National Gallery's rationale for extending its chronological remit.
Read at www.theguardian.com
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