Prince Andrew soon to be ruined? Accused of sexual assault, the Duke of York must pay numerous legal and legal fees. If he rushed to conclude the sale of a Swiss chalet of 17 million pounds, the father of princesses Beatrice and Eugenie has many debts and should in particular pay legal fees of at least 2 million pounds . Legal experts meanwhile believe Prince Andrew will have to pay up to £10million to Virginia Giuffre to prevent the case from going to court. A royal source said: “Until very recently it seems the sheer enormity of this case and the consequences he faces did not strike him. Now the bills are piling up and the possibility of a settlement, or even worse a judgment against him, is widely discussed; he fears complete financial ruin.”
The source explained: “Andrew had been told that all of this would go away in time and nothing happened, leaving him facing an extraordinary battle to save even a crumb of his reputation. There is a very real possibility that he’s completely broke.” If Elizabeth II continues to support her son, she will not, however, help him to settle the money he owes to Virginia Giuffre. Sources have suggested the Queen of England would instead privately pay the cost of her son’s £300,000 annual security bill if he were left penniless. Palace insiders have suggested that while such a move has not been approved, if it were to be, it would be likely to cause further friction within the royal family. And for good reason, Prince Harry and Meghan Markle had to pay for their security service themselves after leaving their royal duties.
Prince Andrew will no longer be able to use his title of Royal Highness
If Elizabeth II supports her son, she made a big decision about him on Thursday January 13, 2022. Prince Andrew has indeed been stripped of most of his military titles as well as his charitable patronages, and will no longer be able to use his title. of Royal Highness. In a statement, Buckingham Palace said: “With the consent and approval of the Queen, the Duke of York’s military affiliations and royal patronages have been returned to the Queen. The Duke of York will continue to assume no of public office and defends himself in this case as a private citizen.”
Prince Andrew and Elizabeth II © AGENCY