[5] One story has it happening after a scandal in which he appropriated treasure hoard that was discovered at Chester-le-Street in the process of replacing the old church with a new one.
[6] Æthelric allegedly sent the money to his former monastery of Peterborough to finance some building work there.
[7] Another reason given was that Æthelric was unable to protect the diocese against locals encroaching on its rights.
Æthelric also resigned within a year of the death of Earl Siward, who had been one of the bishop's main supporters.
[8] He was arrested by the King William I of England after May 1070, and died in captivity at Westminster,[8][9][10] on 15 October 1072.