The oil painting depicts Picasso's friend and fellow painter, Angel Fernandez de Soto, in a bar with a glass of absinthe.

Portrait of Angel Fernández de Soto is a study of a young Spanish artist sitting in a bar, shrouded in tobacco smoke from a pipe, with a glass of absinthe in front of him.

The young man, Fernández de Soto, was Picasso's friend and was usually referred to as an "amusing wastrel", as he enjoyed drinking and partying.

[5] In March 2010, it was announced that Lloyd Webber had made the decision to auction off the painting to benefit his arts, culture and heritage charity foundation.

[7][8] Jussi Pylkkänen, president of Christie's Europe division said the painting is "one of the most important works of art to be offered at auction in decades".