Oxford college’s wealth boost exposes academia’s haves and have-nots

Sale of stake in its science park makes Magdalen one of richest colleges – but students say they are unlikely to benefit

In the early hours of last Friday Rory Maw, the bursar of Magdalen College, Oxford, pushed back from his computer screen and drank “an entire bottle of champagne to myself”.

After months of late-night video conference calls, Maw had just completed a blockbuster property deal that will transform Magdalen’s fortunes, making it probably the richest of Oxford’s 39 colleges.

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from The Guardian https://ift.tt/3ApOa7I