Brooklands College has finally signed a repayment agreement with the government following a long-running £20 million subcontracting scandal – but leaders are keeping the details under wraps.
The college has been locked in negotiations with the Education and Skills Funding Agency over a clawback dispute since 2018, after officials found illegal use of funding at SCL Security Ltd, which delivered apprenticeships on behalf of Brooklands.
The Surrey-based college, which has failed to file accounts for the past four years, recently announced plans to sell a historic building and land in a deal understood to be in the region of £45 million to help balance the books and pay the agency back.
Last week, the ESFA published a revised notice to improve for Brooklands which confirmed the college is still in formal intervention and “supervised” status due to its “declining/weak financial health” and the “significant financial risk presented by the findings of the investigations into subcontracting”.