Saturday, 26 Sep 2020

Prince Harry and Meghan break free: Frogmore costs paid back and no more cash from Charles

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The money, which was used to refurbish their official royal residence, has been returned to the Sovereign Grant. The couple stepped down from royal duties earlier this year in a bid to be financially independent.

The Duke and Duchess of Sussex’s office confirmed the money spent on Frogmore Cottage was returned in full following speculation over the weekend.

Situated in Windsor, the historic landmark was loaned to the couple by the Queen and remains part of the Crown Estate.

The couple moved into the property in 2018 and, despite repaying the money spent of refurbishments, it will remain their official UK residence.

It is believed they agreed with the Royal Family to return the money for renovations when they signed what is known as the Sandringham Agreement in January.

A spokesperson for the Duke and Duchess of Sussex said: “A contribution has been made to the Sovereign Grant by The Duke of Sussex.

“This contribution, as originally offered by Prince Harry, has fully covered the necessary renovation costs of Frogmore Cottage, a property of Her Majesty The Queen, and will remain the UK residence of The Duke and his family.”

Meghan and Harry shocked the world this year after announcing they are stepping down as senior members of the Royal Family.

The couple moved to Los Angeles and have been staying there during the coronavirus outbreak.

 

Since stepping away, the couple’s main income had been from Harry’s father Prince Charles.

But according to reports, they are no longer receiving money from the Prince of Wales.

Last week, Meghan and Harry signed a multi-million dollar Netflix deal which will give them a secure income for the next five years of so.

The deal will see the couple producing a range of programmes for the streaming giant.

Although no figure has yet been confirmed, it is believed to be estimated around $50 to $100 million over roughly five years.

This is a breaking story, more to follow…

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