Eton are sponsoring a state day/boarding school. They think they can advise/help with boarding issues. They will also be sharing their playing fields. Children from the state school will attend some of the lectures at Eton by outside speakers (and vice versa).
Seems eminently sensible to me.
From Eton's website:
Holyport College is a new, non-selective co-educational state secondary school with a Christian ethos, which will open in September 2014. It will be a mainstream 11-19 school for day pupils from the local area and for boarding pupils from local families and from further afield. 45% of the pupils will be boarders, who will come from a wide range of backgrounds but with specific provision being made for looked-after children, children on the edge of care and those from armed forces families. By 2018 there will be 500 pupils, of whom 225 will be boarders. The school will be modelled on an independent boarding school with pupils divided into houses and doing homework at school even if they are day pupils.
Eton's involvement in the period up to September 2014 is focused on ensuring the school opens on time and within the budget set by the Department for Education. A number of senior staff from Eton have been appointed as Governors of Holyport and, as well as lending their expertise to Holyport, it is hoped that some of Eton's ethos is reflected in its operations. Walter Boyle, Deputy Head of Wymondham College (the leading state boarding school in Norfolk) has been recruited as the first Head Master for Holyport and will start in January 2014. In the lead up to the school's opening he will be based in Eton.
Eton's educational sponsorship of Holyport College is intended as a way of sharing its pastoral experience and educational ethos to make a long-term contribution to its local community. Once the school opens we looks forward to sharing a number of our facilities and activities and developing educational initiatives for the benefit of pupils both here and at Holyport.
Holyport College has been established under the Government’s Free Schools programme and will be funded by the Department for Education. Construction work has started at the site. For more specific information about Holyport please visit: www.holyportcollege.org.uk.