Possible Clues:

• Husband would not be chairman, left with one way out
• Academic to tie up a libertine
• Spending far too much for ship that's changed hands
• Degenerate academic left one by entrance
• Wastrel
• Dissolute don briefly left with one way out
• Extravagant tip a golfer developed
• Recklessly extravagant
• Debauched scholar, student I confine to college grounds
• Fragile pot (anag.)