I’ve mentioned this a few times, but it’s still so odd to me – the Daily Mail stopped publishing their “Ephraim Hardcastle” column online for nearly three months. The Hardcastle column is written by anonymous Mail reporters, and it’s used to break/spread gossip about various royals, aristocrats and celebrities without one of their regular columnists having to take the hit. In the period of time where the columns were not being published online, the print editions were being pretty shady about Prince William’s work-shy ways. Well, the Hardcastle came back online and they’re obsessed with… Prince Andrew. Specifically, Andrew and his money and whether he can afford to stay in Royal Lodge. This was published last week:
Keeper of the Privy Purse Sir Michael Stevens has handed over the royal abacus after seven years and one final task requested by the King: delving into the murky world of Prince Andrew’s finances. He had offered his resignation after the death of the Queen but Charles asked him to investigate reports that his brother had looming financial difficulties and might do something unwise to make ends meet. It was a bruising encounter.
Royals, especially Andrew, don’t take kindly to flunkeys rooting about in their private affairs. Sir Michael’s last task was to assure the King that Andrew was in surprisingly rude financial health. A grateful Charles this week presented Sir Michael with a silver-gilt-framed signed photograph, cufflinks and the GCVO in thanks for services rendered.
“Surprisingly rude financial health” means that Andrew has more money than anyone realized and no one knows where he got any of it. Andrew’s finances are legitimately murky – no one knows exactly how much he has stashed away, or where any of it came from. Andrew’s secretive cash supply is how Andrew has managed to “make repairs” to Royal Lodge and thus stay up to date on his generous lease. Speaking of, this is from a Hardcastle column this week:
The King may have suspended his bid to remove brother Andrew from Royal Lodge but the Crown Estate, which owns the property, is losing patience with the disgraced prince.
It appears that Andrew, who paid upwards of £7.5million on renovations when given a 75-year lease in 2003, has maintained the interior but there is a rumbling dispute about who is responsible for extensive external repairs to the 30-room mansion.
Andrew should be safe until 2028. He is entitled to a partial rebate on his outgoings if given the order of the boot at the end of his first 25 years of his lease.
I’ve come around to the idea that this years-long storyline about whether Andrew will be evicted from Royal Lodge is one big deflection for Charles. Andrew has a valid lease, he has the money (however questionable) to maintain the property, and Charles really only rattles the “we should evict Andrew” cage whenever he needs to change the subject. Andrew isn’t going anywhere. For Charles, you would think that the bigger concern would be “what has Andrew done to make all of this money?” As in, what kind of access has been sold, who is Andrew in business with, how far does it all go. But of course, it’s easier to just focus on the Royal Lodge question.
Photos courtesy of Avalon Red, Cover Images.
- Prince Andrew – The Duke of York departs an Easter Service at St. George’s Chapel, Windsor Castle, London, England, UK on Sunday 20 April, 2025.,Image: 990294432, License: Rights-managed, Restrictions: Please credit photographer and agency when publishing as Justin Ng/UPPA/Avalon., Model Release: no, Credit line: Justin Ng/Avalon
- Prince Andrew – The Duke of York departs an Easter Service at St. George’s Chapel, Windsor Castle, London, England, UK on Sunday 20 April, 2025.,Image: 990294440, License: Rights-managed, Restrictions: Please credit photographer and agency when publishing as Justin Ng/UPPA/Avalon., Model Release: no, Credit line: Justin Ng/Avalon
- Prince Andrew – Duke of York arrives for an Easter Service at St. George’s Chapel, Windsor Castle, London, England, UK on Sunday 20 April, 2025.,Image: 990307773, License: Rights-managed, Restrictions: Please credit photographer and agency when publishing as Justin Ng/UPPA/Avalon., Model Release: no, Credit line: Justin Ng/Avalon
- Prince Andrew – Duke of York arrives for an Easter Service at St. George’s Chapel, Windsor Castle, London, England, UK on Sunday 20 April, 2025.,Image: 990307789, License: Rights-managed, Restrictions: Please credit photographer and agency when publishing as Justin Ng/UPPA/Avalon., Model Release: no, Credit line: Justin Ng/Avalon
- Sir Tim Laurence and Prince Andrew – Duke of York arrives for an Easter Service at St. George’s Chapel, Windsor Castle, London, England, UK on Sunday 20 April, 2025.,Image: 990307805, License: Rights-managed, Restrictions: Please credit photographer and agency when publishing as Justin Ng/UPPA/Avalon., Model Release: no, Credit line: Justin Ng/Avalon
KFC wouldn’t care how A’s making his money as long as he flings some his way.
Charles is no stranger to shady financial deals. He only cares that Andrew won’t be tempted to “tell-all” if he gets into financial difficulty. The how he gets the money doesn’t matter, as long as it isn’t by writing a memoir.
Private Eye reported that the late Queen had left her favourite son loaded in addition to paying THOSE legal costs. Also he’d greatly enriched himself via contacts made during his Pitch at the Palace years!
I’m sure he still has a bunch of shady money. Haven’t his girls been going to the Middle East and China on his behalf?
But if he and Anne and Edward didn’t directly receive a fourth of their parents personal assets just to avoid estate taxes or some hefty trust funds, then Charles should be paying the expenses of whatever they need without complaint. But we’ve learned that Charles is cheap when it comes to his family except for Camilla.
Still suspect A the Abuser has blackmail material on senior royals. Ghislaine and Epstein survived for decades that way, and A is not the bumbling nitwit the Rota want us to believe he is.
This.
Charles is not concerned about Andrew’s finances. He just uses Andrew as a scapegoat because Harry’s no longer around for that purpose.
There is zero chance that the Queen didn’t leave Andrew (and likely the other two) some money. I know that the monarch’s wealth is supposed to be transferred to the heir only but most of the monarch’s wealth is highly secretive and sketchy. We can’t even see her or Philip’s will for like a 100 years. What authority is going through their finances? What financial reporting do they have to do? What was stopping the Queen from taking some money from one of her Panama or Cayman accounts before she died and setting up a trust? The Windsors are exempt from a zillion laws lol. She knew what Charles was like and would have wanted to spare poor Andrew (sarcasm) from him.
I’m going to place a good bit of the blame for Andrew’s financial shenanigans on Charles and the Queen/courtiers demanding that the BRF “modernize” and earn its own way, while refusing to recognize that there really isn’t a way to do so while remaining “royal.”
Andrew Lownie, who has a new book coming out about Andrew and Fergie, has been asking the exact same questions about Andrew’s finances. I’m interested to find out what he learned during his research.
I’ve never heard of “rude” used as an adjective with finances. Is that a British thing?
Yes it’s a British thing and not just with finances. The eldery Queen and Queen Mother used to be described by their doctors as being in “rude good health”.
It’s actually in “in rude health” = in good health. 🙂 Not “rude good health”.
Me either.. It gave me quite a laugh this morning!
Correct me if I’m wrong, but isn’t Andrew in and out of Saudi Arabia?
Other theory: he has photos of Epstein with a lot of surprising people.