Pity all us poor university chiefs: Boss who drives a Bentley, sails a 30ft yacht and earns £222,000 says vice chancellors are not paid enough

 
The boss of a low-ranking university who drives a Bentley, sails a 30ft yacht, and earns a £222,000 salary has claimed vice-chancellors are not paid enough.
George Holmes, head of Bolton University, said he is worth his huge pay as he is a ‘success’.
The 56-year-old, who earns almost 50 per cent more than the Prime Minister, also said university bosses should be paid more or they could leave the country.
Professor Holmes made the claims despite a £20,000 pay rise last year – and a loan of almost £1million from the university to buy a home set in four acres.
Universities minister Jo Johnson last week called for an end to the ‘upwards ratchet’ of vice- chancellors’ pay when student fees are about to rise to £9,250.’
Read more: Pity all us poor university chiefs: Boss who drives a Bentley, sails a 30ft yacht and earns £222,000 says vice chancellors are not paid enough