Politics

Prince Andrew on ‘crunch time’ to raise fast cash as Queen refuses to pay legal fees


Prince Andrew is desperate to raise funds to shoulder the mounting cost of his sexual abuse case against Virginia Roberts Giuffre by himself. He is said to be looking for fast cash through the sale of his Chalet Helora in the ski resort of Verbier, Switzerland.

The Swiss chalet is said to be the only means of money for the Duke of York now that he is no longer a working royal. He and his ex-wife Sarah Ferguson bought the seven-bedroom property in 2014 from French millionaire Isabelle de Rouvre for £16.6m. Last September they agreed to sell it to a rich European investor but the deal has yet to be completed.

Prince Andrew is said to be pushing for the sale to go through “urgently.” He not only needs the money for his sexual abuse case. He also has to pay Rouvre the £6.6million he owes from the original purchase of the chalet.