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| | The Warwick Boar - News: University divided over £85 million gamble (Site not responding. Last check: 2007-10-21) |
 | | However, when the Vice-Chancellor called departmental heads to the University Senate to vote on proceeding with a feasibility study earlier this term, it was revealed that the SEDB would only provide £10m worth of funding, with the University taking on an £85m debt. |
 | | A University source opposed to the project has alleged that the Vice-Chancellor, thought to be set to retire in approximately two years, is keen to "create a legacy for himself", even if this involves "mortgaging the future of the University." |
 | | The University plans to spend £400,000 on 'external expenditure' for the feasibility study, in addition to the £75,000 already handed to the Asia Exploratory Group. |
| www.warwickboar.co.uk /boar/news/university_divided_over__million_gamble (833 words) |
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