Banksy Pledges £10 Million to Help Turn Reading Prison Into an Art Centre

Banksy has officially pledged to raise £10,000,000 to help buy the prison formerly known as Reading Gaol in order to turn it into an arts centre. The vacant prison will otherwise be sold to property developers who plan to transform it into an apartments complex. The elusive street artist has offered to match the purchase price by selling the stencil used to paint Create Escape on the building's facade back in March.

Reading prison famously housed Oscar Wilde between 1895 and 1897 and was immortalised by his poem Ballad of Reading Gaol during his stay, which reflected on the brutality of the Victorian penal system. Wilde was convicted after his affair with Lord Alfred Douglas was exposed.

The prison was closed down in 2013 and put up for sale in 2019. However, a deal to sell the building to developers fell through last year and Reading council has since hoped to turn it into an arts centre. Hollywood actors Sir Kenneth Branagh, Natalie Dormer and Dame Judi Dench have lent their support to the campaign.

The stencil Banksy used to make the mural, Create Escape, is currently on view at Grayson Perry’s Art Club exhibition at Bristol Museum & Art Gallery. Banksy is believed to have sold a stencil of his only once before, making these works extremely rare.

The mural, depicting a prisoner believed to be Oscar Wilde, escaping using a rope made of bedsheets and tied to a typewriter appeared on the wall of Reading Prison in March. Banksy claimed the piece as his own through a video posted to his website and Instagram. The short clip captioned Create Escape took viewers behind the scenes of the work's creation. It was narrated by the legendary Bob Ross. Watch below: