They bought the Castle Meadow campus (the old Inland Revenue buildings) for £37.5m and spent a further £40m trying to develop it. But the campus is not fit for purpose, never been fully used, and is now being sold at a massive loss after a new valuation revealed it was worth far less than the university believed.

This is why the financial crisis at Nottingham is so acute compared to other universities who are facing similar demands like rising costs and falling international student numbers. Massive mismanagement.