Kevin Spacey has promised to raise $32 million (£20 million) for his London theatre company before he steps down from his role as artistic director in 2015.

The Usual Suspects star has been in charge of The Old Vic Theatre Company in London since 2003, but he is planning to give up his job there in two years time.

However, Spacey wants to make sure the organisation is on a firm financial footing before he leaves.

He tells Britain's Daily Telegraph newspaper, "I'm now planning to leave in 2015 and am determined to raise £20 million by then as an endowment fund to make the theatre fit for the 21st century. We can then use the £20 million to give us £1 million-a-year income to help refurbish the theatre - like more ladies loos (bathrooms) and more bar room."