Unsupported browser

For a better experience please update your browser to its latest version.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

Marks and Barfield become millionaires after London Eye sale

  • Comment
Marks Barfield's founders have sold their stake in the London Eye, reportedly for a seven-figure sum.

David Marks and Julia Barfield have disposed of their share of the famous London landmark, selling it to Tussauds some 12 years after spearheading the Eye's creation.

Tussauds now plans to invest some £50 million in the Eye, including creating a new 'Flying over Great Britain' ride that 'introduces visitors to the nation's cultural diversity'.

Marks said that he was selling his stake because British Airways sold its share in the attraction to Tussauds behind the architect's back last year.

He said: 'British Airways' decision to do a deal direct with Tussauds left us with some pretty stark choices.

'As in the Chinese proverb, we have decided to embrace what we cannot avoid.'

To coincide with the deal, the South Bank Centre and the London Eye company have announced the terms of a new 25-year lease, thus securing the future of the iconic structure.

by Rob Sharp

  • Comment

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions.

Links may be included in your comments but HTML is not permitted.