A Banksy art piece, titled Mobile Lovers, has helped bosses of a cash-strapped boys' club in England keep the place open.

The artist's original piece appeared in a doorway in Bristol in April (14), sparking a dispute over who owned it, and prompting the elusive Banksy to write to the hard-up Broad Plain Boys' Club, alerting volunteers and staff it was theirs.

The artwork has now been sold to a private collector, allowing club bosses to keep their social setting open for "a few years".

Mary MCCarthy, of MM Contemporary Arts, who negotiated the sale, tells the Bbc, "I won't be revealing the buyer, but it's a private individual, a philanthropist who was very keen on investing in young people's institutions. I was able to find a buyer of significant value to be able to support them, not forever, but a little nest egg for a few years.

"It's a very generous gesture by Banksy, and it's noteworthy that an artist risen from the street has given back so prominently to the street."