Adam Helliker of The Express gives updates on Sarah Ferguson’s financial trouble.
Prince Andrew to the Rescue
Sarah Ferguson may have to face bankruptcy
Prince Andrew has stepped in to rescue the Duchess of York’s finances as her debts threaten to spiral out of control. The Duke of York has written off part of an estimated £5million owed by his ex-wife, according to royal sources who revealed the full extent of the crisis yesterday.
At least one financial adviser to Buckingham Palace has recommended she opt for voluntary bankruptcy, a move said to have “deeply concerned” the Queen. According to The Express, Sarah Ferguson’s debt at its highest point totalled £1.5million in Britain and £3.5million in the US, although Andrew has now settled most of her personal debts, believed to be about £1.5million.
Article: The Express
Princess Beatrice & Eugenie “Pawns” in Royal Money Row
Princesses Beatrice and Eugenie are being used as pawns in a battle of wits between their mother, the beleaguered Duchess of York, and her arch enemy Prince Philip.
The Express reports: “The subject of Sarah and what Andrew has offered to do for her came up several times. On several occasions Beatrice and Eugenie had to join Andrew in defending their mother, which was a draining experience for them given they feel intimidated by Prince Philip.”
“Philip’s view is that the Royal Family cannot be seen to be bailing out someone who is so profligate, especially in these restrictive times. He just doesn’t understand why Andrew always takes Sarah’s side. Meanwhile those poor girls are caught in the middle.”
Article: The Express
