Prince Andrew's secret deal: Millions saved and new controversies
Prince Andrew has signed a lucrative deal with a Dutch company, which will resolve his financial and housing problems. The brother of King Charles III did this without the knowledge of Buckingham Palace, which has distanced itself from his new endeavor. What is it about?
Prince Andrew is often referred to as the black sheep of the family by observers of the British royal family. This perception stems from his controversial past. The aristocrat was accused of assault, which led to him being stripped of his royal titles.
He also resigned as a working member of the Royals, impacting his finances. However, he found a way to cleverly navigate his troubles. He signed a favorable contract with the Dutch company Startupbootcamp, linked to the Pitch@Palace initiative. What does this mean in practice?
Prince Andrew will earn millions of pounds, receiving a commission for every transaction conducted by his new employer using connections in Pitch@Palace — an organization that brings together entrepreneurs from 64 countries, facilitating and expediting business dealings.
It is a way of exploiting the enviable business links he has secured over the years, an informant told "The Sun".
The newspaper cited sources indicating the dissatisfaction of other Windsor family members with this collaboration. The controversial prince is said to have signed the contract without consulting anyone.
Buckingham Palace officials have neither reviewed nor approved the details of any financial arrangements between the Duke or his advisers and any third party, the report states.
Will Prince Andrew stay at the Royal Lodge? He secured funds at the last minute
The brother of King Charles III found collaborators just in time. He was motivated by a deadline set by the monarch by which he had to secure funds for the renovation of the deteriorating Royal Lodge estate.
If he failed, the 76-year-old would have moved him to a smaller and less prestigious location at Frogmore Cottage. Prince Andrew was openly against this pressured ultimatum, but he has now managed to achieve his goal and will most likely remain in his home.
The disgraced aristocrat's new financial ally, according to the "Daily Mail," will not only provide him with a regular income but also engage in the expensive renovation of the residence.