7th Jan '22
Prince Andrew "seeks to push 17 million pounds of Swiss cottage sale"
Prince Andrew is reportedly trying to push through the sale of his £ 17 million Swiss ski lodge to help pay the bill for his spiraling legal costs as he fights sexual abuse allegations made by Virginia Roberts.
According to The Mirror, the Duke of York is trying to speed up the sale of luxury real estate because his queen mother will not pay fees to his lawyers.
Andrew bought a seven-bedroom Helora cottage in the luxury Swiss resort of Verbier with his ex-wife Sarah Ferguson in 2014 for £ 16.6 million.
It turned out last year that Andrew was selling the property.
The Duke also needs to find funds to pay for his team of lawyers based in the United States and the United Kingdom who are fighting Mrs. Roberts' claims.
Mrs. Roberts, who now uses her married name, Giuffre, claims the prince had sex with her three times after being sold by pedophile Jeffrey Epstein. Prince Andrew constantly denies the allegations.
U.S. Judge Lewis Kaplan could tell on Friday whether Andrew will face a full civil trial in New York after his lawyers argued this week that Miss Roberts' case should not go to court over the 2009 civil settlement she concluded with Epstein.
If the case goes to court and Andrew loses, Ms. Roberts could receive a settlement that, according to legal experts, could be as much as £ 3 million.
It turned out this week that Prince Andrew could reach an out-of-court settlement with Mrs. Roberts so that the case would not go to court.
Prince Andrew is reportedly trying to push the sale of his Swiss ski lodge for £ 17 million to help pay the bill for his spiraling legal costs as he fights allegations of sexual abuse by Virginia Roberts.
Speaking of the alleged acceleration of sales of his cottage, a source told The Mirror: "Andrew has a hard time on several fronts.
"He pays all the costs himself, so he needs to get cash quickly so that he can pay the bills, which are increasing every day.
"If there was potential for a settlement, well, that's a possibility, but there's no doubt the queen wouldn't help him."
The newspaper also claimed that the Queen would not help Andrew pay for any future financial compensation that could be paid to Mrs. Roberts.
MailOnline turned to Buckingham Palace for comment.
In September last year, it was announced that Andrew and the Duchess of York were close to selling the cottage to settle a legal dispute with its former owner, Isabella de Rouvre (74).
The Duke of York is trying to speed up the sale of luxury real estate because his queen mother will not pay fees to his lawyers. Mrs. Roberts, who is suing Andrew under her married name, Giuffre, claims the prince had sex with her three times after she was sold by pedophile Jeffrey Epstein. Above: The Duke of York was photographed with an arm around the bare waist of then-17-year-old Virginia Roberts. In the background is Ghislaine Maxwell
She claimed she owed her £ 6.6 million even after she allegedly the last installment of the property on 1 January 2020 is missing.
The case of the property, which has an indoor pool and rents up to £ 22,000 a week, has been brought before Swiss courts.
However, Ms de Rouvre agreed to close the trial when it became clear that the property was close to sale for the requested price of £ 17.3 million.
The Yorks are ready to pay off the debt as soon as the house is sold.
The Yorks befriended Miss de Rouvre after they regularly rented the cottage for the holidays with their children Beatrice and Eugenie.
Prince Andrew and his ex-wife bought it with a mortgage and private financing from the Queen as a "long-term family investment," sources said.
It is believed that once the sale is completed, the duke will no longer own any property.
If Judge Kaplan decides that Virginia Giuffre's case should go to full trial, the initiates said the possibility of an out-of-court settlement "remains on the table."
Andrew's daughter Princess Beatrice was pictured in Verbier earlier this week. She was seen with her husband Edo Mapelli Mozzim pushing a pram
Accompanied by their daughter Sienna and son Christopher Wolfe, known as "Wolfie," the couple Beatrice took a bus to the ski lodge, which hosts Sarah Ferguson, Duchess of York.
Andrew's team acknowledges the "attractive impact" the case has on the royal family.
The 95-year-old queen is due to celebrate her platinum anniversary in June, but she faces a scandalous sexual process with her son hanging over her.
"Obviously, this is an American case involving American lawyers and a civil lawsuit in the United States," one source said. "In fact, 99 percent of U.S. civil litigation is settled out of court.
"The settlement would always be on the table, because the vast majority will end there. Wider pressure and impact on wear also need to be considered. "
Sources familiar with the case told the Daily Mail this week that there had been no discussion yet as to whether the queen's son could – or should – have settled the settlement without being held accountable.
But even that was not ruled out as a possibility, they said.
Buckingham Palace declined to comment, calling it an "ongoing legal matter."
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