Tuesday, 23 May 2000
It is anticipated that Bob Ayling, the chairman of the New Millennium Experience Company, the operation behind the Millennium Dome, will resign today as part of a deal to secure funding. Britain's Millennium Commission offered a cash injection of £29 million yesterday on condition that Ayling goes. The Dome's chief executive, Pierre-Yves Gerbeau, had approached the Millennium Commission for the extra money in the hope of saving 5,000 jobs and preventing bankruptcy. Despite being the UK's most popular tourist attraction it has fallen way short of its stated visitor target and speculation that it may be sold before the end of the year is gaining momentum.