A man looks at the 1952's painting " Parc des Princes," oil on canvas, by Nicolas De Stael. AFP
An artwork by a French artist of Russian origin has been sold at auction for a whopping 20 million euros.
The painting, which shows a match between Sweden and France in the Fifties, has fetched the highest price perhaps for a work on a football match.
It was certainly the biggest sum obtained for a painting by the artist who died in 1955 at the age of 41.
"Parc des Princes", painted in 1952, was estimated to be worth between 18 and 25 million euros ($20 and $27 million) and was on the market for the first time.
The piece was owned by the artist's family and was exhibited only a handful of times.
Between 1953 and 2003 it was displayed in New York, various galleries in Paris, such as the Pompidou Centre, as well as in London and Madrid.
The painting, which features a rich array of colours from teal to bright white, depicts an international friendly match between Sweden and France in 1952 during a golden generation of French football players.
Parc des Princes is the name of a stadium that has since been replaced and now hosts the Paris Saint-Germain club.
Christie's said the picture represents "the height of Nicolas de Stael's art, as well as a decisive moment in the history of post-war Western art."
Other avant-garde artists and masterpieces from the 20th century were also up for grabs at the Christie's auction in Paris.
Works by Rene Magritte, Max Ernst, Pablo Picasso, Yves Klein, Serge Poliakoff, Paul Klee, Alberto Giacometti, Jean Dubuffet and Joan Miro were all being auctioned.
A painting of comic book hero Tintin that for years was kept folded in a drawer is to go on sale at a Paris auction house on Thursday with an estimated sale price of more than 2 million euros.
The Louvre has assembled more than 160 paintings, sculptures, letters and drawings from the Renaissance era in an exhibition to mark the 500th anniversary of the Italian master's death.
A painting by the Nigerian artist responsible for the "African Mona Lisa" sold at auction in London on Tuesday for £1.1 million after the family who owned it googled the signature and realised its importance.
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