sˈɛnt baɪ bˈɪl ˈɔːɹɡən, wˈɪntʃɛstɚ kˈɑːlɪdʒᵻz bˈɜːsɚɹ æt ðə tˈaɪm, tə ðə wˈɔːɹdən ʌvðə kˈɑːlɪdʒ, ðeɪ kəntˈeɪnd diːtˈeɪlz ʌv twˈɛnti skˈuːlz fˈiːz ænd ðə fɹˈeɪz: "kˌɑːnfɪdˈɛnʃəl plˈiːz, sˌoʊ wiː ˌɑːɹnt ɐkjˈuːzd ʌv bˌiːɪŋ ɐ kɑːɹtˈɛl".
Sent by Bill Organ, Winchester College's bursar at the time, to the Warden of the college, they contained details of 20 schools' fees and the phrase: "Confidential please, so we aren’t accused of being a cartel".