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According to royal experts, the source of Prince Andrew’s $3 million lifeline, which allows him to continue in the 30-room Royal Lodge, ought to be made public.
Royal experts claim that after King Charles reduced his allowance, the disgraced 64-year-old Duke of York was desperate to remain in his publicly owned home. However, there is currently a new dispute on who his secret benefactor is.
Vanity Fair’s Royal Correspondent, Kate Nicholl, and News.com.au’s Royal Reporter, Bronte Coy, joined Matt Wilkinson, The Sun’s Royal Editor, on this week’s Royal Exclusive to talk about Andrew’s Royal Lodge story.
Matt claims that although this story has been going on for a while, his presence at the Royal Lodge is one of the primary problems.
As of right now, we know that the King has taken away Prince Andrew’s money, namely his Annual Allowance.
The source of this money is unknown to us. Should we know how Andrew obtained the funds to stay at the Royal Lodge, in your opinion?
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Together with his ex-wife Sarah Ferguson, Prince Andrew owns Royal Lodge, a 30 million dollar 19th-century listed Windsor mansion.
It has 40 hectares of lawns and woodland, eight cottages, and accommodations for security guards. It was also where the late Queen Elizabeth spent a portion of her childhood.
However, after signing a lease that expires in 2078, Andrew, who moved into Royal Lodge—the former residence of the Queen Mother—in 2004, has refused to leave.
After Andrew lost his yearly stipend of $3 million from the King, which paid for guards at Windsor’s Royal Lodge, Bronte explained: “My feeling on this is, look, he’s out of royal duties now, so there’s a degree that he can go about his life as long as it’s above the line.” Charles, 75, reportedly wanted Andrew out of the house for years.
Having said that, he has a very poor track record when it comes to selecting his associates, and because of his closeness to many influential people, he has people’s ears. Whether or not they listen is a different matter entirely, but since he is a member of the royal circle, is the sudden gift of $3 million or more to support him, seemingly indefinitely, a one-way act of generosity?
Bronte clarified that because of his dubious friends, the mystery surrounding the 3 million handout ought to be made public.
“Is it for a set period of time?” she asked. Does Andrew have any plans to reciprocate?
That kind of information, in my opinion, is what’s unsettling people because, as I mentioned before, he has extremely dubious judgment when it comes to choosing his allies.
You would think that any lifeline, especially one this substantial, would have been jumped upon at a time when he has lost all of his money.
His desire to remain at Royal Lodge is intense.
Katie then concurred, saying that since they are brothers, the King won’t expel him and he doesn’t want to go.
Although royal finances are complex, they basically boil down to public spending followed by private spending.
There is a high degree of transparency regarding public spending, and we are aware of how money is allocated.
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