Perry Beeches Academy Trust was in the centre of one of the more high profile academy scandals. The Trust's 'super-head' Liam Nolan paid himself a double salary by funnelling money through a private company. Nolan and the whole governing body resigned, and the Trust racked up debts totalling around £2m, which the Department for Education may have to cover. 

The government sent in an emergency governing body which has improved the school's Ofsted rating, and has now decided to disband the trust, handing the schools to other Trusts.