King's chairs apparent

Is there any truth in the rumour that there are two new 'chairs' at Cambridge University, one of the world's finest seats of learning?

The blue chairs certainly seem to think they own the place - daring to flout the grass rules at King's College Cambridge. Incidentally the blue chairs would like to publicly state how friendly the Head Porter at Clare College is. They would also like to say hard luck to Cambridge in the Boat race. They think the blueness of the Oxford cox's language is perhaps what won it for the other blue boat. The bluer the better! (The editor of this website would like to point out that he is merely passing on the views of two 'spirited' blue chairs, he himself was as shocked as any other television viewer by this particular outburst of ribaldry and does not think it big or clever to swear).