Financial concerns were raised in 2009 over the cost of the new leisure complex, and because of a change in the source of student funding from the Learning and Skills Council to Local Education Authorities. The college was facing a shortfall of at least £500,000 in 2009 and its auditors expressed doubt about RNC's ability to continue as a going concern. In response Ian Pickford said that much of thePoint4's costs had been paid for through donations and that the shortfall issue was being addressed through cutbacks, including some redundancies. Of the auditors' concerns he said; "I think post the banking crisis a lot of auditors are incredibly nervous about making bland statements in terms of the future of organisations and therefore they frequently now put those sort of caveats in to protect their position going forward."