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Lord Northampton to get £6m from Egyptian Sekhemka sale Lord Northampton to get £6m from Egyptian Sekhemka sale
(about 2 hours later)
A peer who opposed a museum's decision to sell a 4,000-year-old statue will get £6m after striking a private deal with a council, it has emerged.A peer who opposed a museum's decision to sell a 4,000-year-old statue will get £6m after striking a private deal with a council, it has emerged.
The Sekhemka statue sold for £15.76m at Christie's of London auction was given to Northampton Museum by ancestors of the current Lord Northampton in 1850.The Sekhemka statue sold for £15.76m at Christie's of London auction was given to Northampton Museum by ancestors of the current Lord Northampton in 1850.
Northampton Borough Council said he would get 45% of the sale price.Northampton Borough Council said he would get 45% of the sale price.
The peer originally claimed the Conservative-led council had no right to sell the statue.The peer originally claimed the Conservative-led council had no right to sell the statue.
Christie's said the buyer did not want their identity revealed.Christie's said the buyer did not want their identity revealed.
Lord Northampton's ancestor the Marquis of Northampton brought the statue back from Egypt after a trip in the 19th Century. Lord Northampton's ancestor the 2nd Marquis of Northampton brought the statue back from Egypt after a trip in the 19th Century.
The 30in (76cm) limestone figure of a court official clutching beer, bread and cake - items for the afterlife - is believed to have been acquired by Spencer Compton, the second Marquis of Northampton, in 1850 and was later presented to the museum by his son.The 30in (76cm) limestone figure of a court official clutching beer, bread and cake - items for the afterlife - is believed to have been acquired by Spencer Compton, the second Marquis of Northampton, in 1850 and was later presented to the museum by his son.
The council held "commercial negotiations" lasting more than a year over the sale of the statue with Lord Northampton.The council held "commercial negotiations" lasting more than a year over the sale of the statue with Lord Northampton.
His initial objections - raised when the council first announced it planned to sell the statue in 2012 - were resolved at a cost to the council of £10,000 in legal costs.His initial objections - raised when the council first announced it planned to sell the statue in 2012 - were resolved at a cost to the council of £10,000 in legal costs.
Northampton Borough Council has not made details of its the legal arrangement with the peer public.Northampton Borough Council has not made details of its the legal arrangement with the peer public.
Brendan Glynane, an opposition Liberal Democrat councillor, described the agreement as "tawdry" and accused the council of a lack of transparency over the statue's sale.Brendan Glynane, an opposition Liberal Democrat councillor, described the agreement as "tawdry" and accused the council of a lack of transparency over the statue's sale.
"It is terrible. I think the sale was completely wrong and the full ramifications of this are yet to unfold," he said."It is terrible. I think the sale was completely wrong and the full ramifications of this are yet to unfold," he said.
Mr Glynane said the reputation of Northampton and its council had been damaged.Mr Glynane said the reputation of Northampton and its council had been damaged.
The council is yet to respond to his comments.The council is yet to respond to his comments.
When the council consulted the public on the proposed sale of the statue, 51% of those replying were in favour and 49% were against.When the council consulted the public on the proposed sale of the statue, 51% of those replying were in favour and 49% were against.
But the council, which will keep £8m from the proceeds of the sale, defended its decision to sell.But the council, which will keep £8m from the proceeds of the sale, defended its decision to sell.
David Mackintosh, council leader, said: "This money will allow us to realise our exciting plans for the future of the museum service.David Mackintosh, council leader, said: "This money will allow us to realise our exciting plans for the future of the museum service.
"Every penny is ring-fenced for the Museum Service and we will now make our museum redevelopment plans a reality.""Every penny is ring-fenced for the Museum Service and we will now make our museum redevelopment plans a reality."