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Lomond School claims to be the first private school in the UK to accept cryptocurrency fee payments.

From there, he does the math: alimony payments, two kids in private schools, multiple car payments, all the fancy bells and whistles of a life that is over-leveraged.

After the ceasefire, owners of the private school made some basic repairs at their own expense.

But his career change was also prompted by his 1994 conviction for caning children at the private school he ran with his then wife in Newbiggin-by-the-Sea in Northumberland.

Separate legislation will be introduced to remove this tax relief, but plans to remove private schools' charitable status have been dropped.