Even this, it seems, was insufficient to keep the Academy solvent while funding its present pounds 7m annual administration cost. It was only the simultaneous withholding of pounds 200,000 of pension fund payments that enabled the Academy to stay within its pounds 2.25m overdraft facility.
Perhaps the trustees will now dig into their own pockets. But, as things stand, it must be said that it seems an extraordinary cheek for them and the administrators to use the fact of the crisis they have presided over in secrecy as a justification for an increase in their own powers at the expense of those of the academicians. Quite correctly, the membership has now twice refused to cede authority to the secretary's proposed new governing body, which would be dominated by trustees and salaried administrators.
One would hope that - even if they make no noises of contrition - the secretary and trustees will now have the grace to allow the members themselves to decide, in the wake of the present administrative debacle, how, and by whom, their own house might best be put back in order.