Gerbeau pulls out of bidding for Dome
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Gerbeau pulls out of bidding for Dome

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Pierre-Yves Gerbeau has withdrawn from the bidding for the Millennium Dome. Gerbeau, who had teamed up with James Palumbo, the owner of the Ministry of Sound nightclub, is reported to be 'sad' about his decision, but hoped to stay in Britain. Ministers are reported to have indicated they will double the amount of land being sold with the Dome in attempt to entice new bidders. Gerbeau, whose consortium included the Ministry of Sound, said he had withdrawn partly because the government would not sell the Dome without many acres of land around it - he was not interested in a property deal.

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Pierre-Yves Gerbeau has withdrawn from the bidding for the Millennium Dome.
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