Buckingham Palace is reportedly considering a multi-million pound settlement that would see Prince Andrew permanently step back from royal life, according to exclusive reports emerging from London.
The Multi-Crore Royal Exit Strategy
King Charles III is facing a difficult decision that could cost the monarchy approximately £5 million (₹55 crore) to facilitate his brother Prince Andrew's complete withdrawal from public royal duties. The substantial payment would serve as compensation for Prince Andrew vacating his current 30-room residence, Royal Lodge, in Windsor Great Park.
Behind the Palace Walls: The Royal Dilemma
The Duke of York has reportedly been resisting pressure to downsize to the smaller Frogmore Cottage, previously home to Prince Harry and Meghan Markle. Royal insiders suggest the King wants a permanent solution to what palace officials consider an ongoing public relations liability.
The proposed financial arrangement would include:
- A significant cash settlement estimated at ₹55 crore
- Coverage of Prince Andrew's security costs
- Ongoing private living expenses
- Complete withdrawal from public royal life
Financial Strain on the Modern Monarchy
This potential payout comes at a challenging time for the royal family's finances. The King has been actively working to streamline monarchy operations and reduce costs, making such a substantial payment particularly controversial within royal circles.
Royal commentators note that the arrangement would effectively create a formal separation between Prince Andrew and the working royal family, potentially protecting the institution from further damage following the Duke's association with convicted sex offender Jeffrey Epstein and the subsequent settlement of a civil sexual assault case.
Public Perception and Royal Reputation
The proposed settlement raises questions about using public funds or private royal wealth to resolve what many see as a personal matter. Critics argue that such a payment could be perceived as rewarding controversial behavior, while supporters suggest it's a necessary step to protect the monarchy's long-term stability.
As the royal family continues to navigate modern challenges, this potential arrangement represents one of the most significant financial decisions King Charles has faced since ascending to the throne.