BBC NEWS Americas Africa Europe Middle East South Asia Asia Pacific
BBCi NEWS   SPORT   WEATHER   WORLD SERVICE   A-Z INDEX     

BBC News World Edition
 You are in: UK: Politics  
News Front Page
Africa
Americas
Asia-Pacific
Europe
Middle East
South Asia
UK
England
N Ireland
Scotland
Wales
Politics
Education
Business
Entertainment
Science/Nature
Technology
Health
-------------
Talking Point
-------------
Country Profiles
In Depth
-------------
Programmes
-------------
BBC Sport
BBC Weather
SERVICES
-------------
EDITIONS
Thursday, 25 January, 2001, 21:53 GMT
PY wants to buy Dome
Dome former chief-executive PY Gerbeau
PY Gerbeau says he has the money and vision
The former head of the Millennium Dome has told the BBC he is ready to buy the attraction.

Pierre-Yves Gerbeau says he has a consortium in place to take over the Dome if the present 125m bid by the Legacy consortium falls through.

In his first broadcast interview, Mr Gerbeau, the former chief executive of the New Millennium Experience Company, says he has both the money and the vision to turn the Dome into a major entertainment venue.

He is one of a number of potential bidders in with a chance if the government fails to reach an agreement with Legacy by the middle of next month.

Mr Gerbeau wants to keep some of the present attractions, but turn the central arena into a concert venue by night.

Legacy's Millennium Dome plan
Legacy's bid to turn Dome into a business park is in trouble
"We'll convince Madonna to do a concert with a lot of internet interaction," he told the BBC.

"The next day we will have Lennox Lewis fighting again Tyson. Putting the Dome on the map with a fight between Lewis and Tyson would be fantastic."

Mr Gerbeau says he has the support of the Ministry of Sound, among others for his plan.

His consortium is also facing a challenge from another group who want to convert the Dome into a concert venue.

The Dome Experience bid combines the well known concert promoter Harvey Goldsmith and his business partner Paul Stansfield, the chief executive of Pilton, a property company.

'Best public transport'

Mr Stansfield told the BBC: "The great thing about the Dome is that it has got the best public transport anybody could wish for.

"It's a wonderful building and because it is so open inside it is flexible. It is easy to create the seating that we would need for a 45,000 seater auditorium."

The government's preferred bidder is the Legacy consortium which wants to turn the Dome into a business park.

Tony Blair and John Prescott
The government must strike a deal with Legacy in February
The consortium is fronted by Labour supporter Robert Bourne and is mainly financed by the Irish-based property company Treasury Holdings.

The collapse in the values of dot.com companies has put the Legacy bid in doubt and if contracts are not exchanged by 14 February, they will lose their status as preferred bidder.

The Dome Minister Lord Falconer indicated that other potential bidders might have a chance.

"If the Legacy deal does not go through, the process is such that they could have an opportunity to put forward the detail of what they want to do with the Dome."


Latest news

Background

Profiles

CLICKABLE GUIDE
See also:

09 Jan 01 | UK Politics
08 Jan 01 | UK Politics
06 Jan 01 | UK Politics
01 Jan 01 | UK
Internet links:


The BBC is not responsible for the content of external internet sites


E-mail this story to a friend



© BBC ^^ Back to top

News Front Page | Africa | Americas | Asia-Pacific | Europe | Middle East |
South Asia | UK | Business | Entertainment | Science/Nature |
Technology | Health | Talking Point | Country Profiles | In Depth |
Programmes