SynopsisThe Louvre museum is struggling to find funding to upgrade its ageing facilities, its new director said Wednesday, following a litany of problems that included a brazen $100-million jewellery heist. Home to iconic pieces of art including Leonardo da Vinci's "Mona Lisa", the Louvre is the world's most visited museum, receiving around nine million visitors a year.AgenciesThe Louvre museum is struggling to find funding to upgrade its ageing facilities, its new director said Wednesday, following a litany of problems that included a brazen $100-million jewellery heist."Despite its imposing majesty, despite the daily commitment of its staff, the Louvre is running out of steam," Christophe Leribault told a Senate committee. "Its equipment and infrastructure are reaching the end of their life cycle."Leribault, an art historian and museum director specialising in 18th-century art, took the helm in February, after his predecessor stepped down following an embarrassing daylight theft of imperial jewels in October that laid bare severe security failings.Home to iconic pieces of art including Leonardo da Vinci's "Mona Lisa", the Louvre is the world's most visited museum, receiving around nine million visitors a year.It is housed in a vast palace in central Paris on the banks of the Seine River, built over centuries by various French monarchs who at times used it as their official residence."Building-related emergencies are piling up, and we're facing a wall in terms of investments," Leribault said.The museum had struggled with repeated strikes causing loss of revenue, a ticket fraud scheme that may have cost the museum 10 million euros ($11.7 million), a water leak, and other maintenance issues. (Join our ETNRI WhatsApp channel for all the latest updates)...moreElevate your knowledge and leadership skills at a cost cheaper than your daily tea.Subscribe Now