Ms Cervera, the fifth wife of Tarzan of the Apes film actor Lex Barker, has also removed paintings by Edgar Degas and Edward Hopper from her collection, which includes 425 works of art.
The agreement, adopted by the Spanish Cabinet and expected to be signed in the coming days, provides that the Dowager Baroness will receive 6.5 million euros per year to lend her collection to the Spanish state for a guarantee of 15 years.
Ms Cervera is said to have sold one of Claude Monet’s series of paintings on the Charing Cross Bridge, although she denies that any of these cityscapes that appeared at Louvre Abu Dhabi at the end of last year are her own .
“I have complete freedom to sell whatever I want,” she said in an interview in May, adding that the loan agreement, once signed, would allow her to retain full control over two works of the collection, but Mata Mua would not be part of it. of them.
In 2012, Ms Cervera stunned the Spanish art world by removing John Constable’s The Lock from the museum and auctioning it off for £ 22.4million at Christie’s in London.
“I lost a fortune collecting for Spanish museums,” Cervera, who also founded a museum in Malaga, told ABC.
While the million art lovers who visit the Thyssen-Bornemisza each year will breathe a sigh of relief that Gauguin’s rich hues of Mata Mua will remain on display at the museum, art experts have questioned the scale of the Okay, and if the baroness is really worth such a large public expense.
Some critics claim that Spain’s Culture Ministry negotiated the deal without commissioning a report to determine the true value of the works.
“When the state pays for a collection, the operation is always supported by a technical report from experts, who consider its value”, said Isabel Tejeda, professor of art history at the University of Murcia, to the online newspaper El Diario.
“This collection is not great; it lacks a strong concentration, ”added Professor Tejeda.
Ms Cervera claims she turned down an offer of 250 million euros for Mata Mua and that her collection is worth 1.3 billion euros, but the Spanish state’s insurance policy for works of art is said to be less than 400 millions of euros.