Tuesday, April 26, 2011

BPP (owners of Phoenix University) to take over failing Universities in the UK?Tony Fernandes a Caterham Director!

The ongoing furor over University fees continues in England...
BPP, the owners of the American university Phoenix has been approved to dispense University level education in the UK.
This article was printed by The Mail.
Failing universities face being taken over by private companies

I used Phoenix University a benchmark from a profit point of view when developing a business plan.
They have about half a million students and make a profit of about 13% of turnover. Their fees are much higher than those used in the Malaysian OU for example.
Search this Blog for Phoenix if you want to know more.

Tony Fernandes is a clever boy. He has become a Director of Caterham cars. Good for him.
Now he has a company that can produce sport cars that are affordable with an F1 link.
Sounds familiar!

Tony is not yet in the same position as Group Lotus regarding my plan. Group own an FIA type track in Hethel, which could easily become a campus. He could buy Johor Circuit and the Californian campus, and then enter into negotiations with Snetterton.
Why not?
Group Lotus have known about this proposal in one form or another for nearly a decade. No movement. Sadly.

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