Prince Andrew under mounting pressure to reveal mystery financier who helped him dodge Royal Lodge eviction

10 November 2024, 09:35

Prince Andrew under mounting pressure to reveal mystery financier who helped avoid Royal Lodge eviction
Prince Andrew under mounting pressure to reveal mystery financier who helped avoid Royal Lodge eviction. Picture: alamy

By Danielle de Wolfe

Prince Andrew is facing calls to reveal the secret source of funding that has allowed him to avoid eviction from the Royal Lodge in Windsor.

Listen to this article

Loading audio...

The royal was poised to leave the 30-room mansion - which requires an estimated £3 million-a-year in security - after the King refused to bankroll his brother any longer.

However, on Friday it emerged that Andrew had found a financial backer in a last-minute deal, allowing him to remain at the property in Windsor Great Park.

It's claimed the King had previously urged the royal to move to more modest accommodation, with insiders allegedly dubbing the feud 'the siege of Royal Lodge'.

Following the bailout, the Prince is now facing pressure to reveal his financial backers, with commentators and politicians alike urging transparency.

It comes as a string of Labour MPs have demanded transparency over the Duke's backers.

Prince Andrew, The Duke of York, visits the town of Tadcaster in North Yorkshire to see the damage caused by flooding in the last month. The town was
Prince Andrew, The Duke of York, visits the town of Tadcaster in North Yorkshire to see the damage caused by flooding in the last month. The town was. Picture: Alamy

Taking to X, Leeds MP Alex Sobel said: "Full disclosure of these funding arrangements is vital to uphold the reputation of the Royal Family."

Meanwhile, York Central Labour MP Rachael Maskell told The Mail on Sunday: "When the funding for the Royal Family is due to rise by £45 million next year to a staggering £132 million, serious questions need to be asked as to why the monarch's brother continues to reside at his mansion."

Adding: "There must be greater transparency on the source of the money that has allowed Andrew to stay at Royal Lodge."

Read more: Prince Andrew 'finds money to stay in Royal Lodge' after being cut off by Charles when King's 'patience ran out'

Read more: Princess Kate continues return to duty as she appears at Festival of Remembrance

It has been reported that the Keeper of the Privy Purse, Sir Michael Stevens, approved the financing, leading many to speculate as to the origins of the money.

The King is believed to have severed his brother's annual personal allowance earlier this year - a sum believed to be in the region of £1 million a year.

His Royal Highness arriving at the Rangers Lodge within the Royal park. During a visit to London’s Hyde Park, the Prince formally launched The Royal Parks charity, which supports and manages 5,000 acres
His Royal Highness arriving at the Rangers Lodge within the Royal park. During a visit to London’s Hyde Park, the Prince formally launched The Royal Parks charity, which supports and manages 5,000 acres. Picture: Alamy

It comes as French socialite, Isabelle de Rouvre, claimed she had lost more than £3 million in a dispute with Andrew and ex-wife Sarah Ferguson over the reported sale of a luxury ski chalet.

She told The Mail on Sunday, said: "I am missing millions as a result of this man. I reduced what he owed me because... they told me he did not have the money. I was left with little choice.

"Now he is saying he has plenty of finances – but where does this money now come from? They [Andrew and Sarah] were apparently so poor before they had to pay me, and now they are so rich."

More Latest News

See more More Latest News

Donald Trump has appointed Elon Musk to his cabinet when he becomes president

Donald Trump confirms tech billionaire Elon Musk will join cabinet when he becomes president

Shop selling knives in the Old Town in Chania, Crete, Greece.

Social media bosses who don't stop illegal knives being advertised on their sites could face fines

Several sandbags to contain the new flood in Aldaia, Valencia

Flood-hit areas of Spain brace for torrential rain forecast as orange alert issued

Hereford, Herefordshire, UK – Friday 4th July 2024 –

More than half of candidates claim they were abused or intimidated during election campaign

Booker Prize 2024 Award Ceremony in London

Samantha Harvey becomes first woman since 2019 to win Booker Prize

All Main Candidates For PM Address CBI Conference

Victim of serial abuser John Smyth says Archbishop's resignation paves way for others to be held 'accountable'

police uk light car

Three taken to hospital after car mounts pavement on busy London street near Piccadilly Circus

The Archbishop of Canterbury Justin Welby has resigned

Archbishop of Canterbury only resigned due to ‘immense pressure’, insists John Smyth abuse victim

Andrew Marr spoke to Liz Carr

'Coercion on a state level': Silent Witness star argues assisted dying bill risks people feeling there is 'no choice'

x

'He did everything right': Reporter who broke story of John Smyth's abuse defends Justin Welby following resignation

Kate Mulcahy, 37, was found dead after a fierce blaze broke out at the home in Greater Manchester

Mother of four, 37, killed in fire at £1.2m home as her four young children 'manage to escape'

A key vote on assisted dying will take place at the end of the month.

'There are different views and opinions': MP behind assisted dying bill reveals cabinet split ahead of key vote

The Queen at her first public engagement since falling ill with a chest infection.

Queen Camilla seen for the first time after missing Remembrance Sunday service due to chest infection

The Archbishop of Canterbury Justin Welby has resigned

Why has Justin Welby resigned and what happens next to the Church? All your questions answered

The trio of brazen shoplifters has been jailed

Shameless shoplifters jailed for stealing £200,000 of goods in 120 offences after being caught on CCTV

Man arrested after reports of person carrying knives outside Houses of Parliament

'Knifeman' arrested by armed police after reports of man 'carrying knives' outside Parliament