IES Breckland is the first school run for profit in Britain. IES - which stands for International English Schools - is a Swedish company which runs a chain of for profit schools in Sweden.
In 2012 the company won a ten year contract from the government to run a free school in Brandon.
This contract will pay the school a maximum of £21million.
The Operating Manager of IES Sweden, Peter John Files, took questions from ITV News Anglia earlier this week about what mistakes the company had made, and whether IES owed parents an apology for such a damning Ofsted report.
More top news
Lord Leicester - the man responsible for transforming the Holkham Estate in North Norfolk has died
Cloud and rain clearing slowly. Sunshine by Sunday afternoon.
Thousands of rugby fans have been descending on Stadium MK this afternoon for a game between Northampton Saints and Saracens.