Prince Andrew facing legal action over unpaid debt worth £5m

Prince Andrew is caught in a dispute over a Swiss chalet amid reports legal proceedings have been launched against him over an unpaid bill of £5m.

Le Temps newspaper said the Duke of York and his ex-wife Sarah, Duchess of York bought the holiday home in the Verbier ski resort in 2014. The report claims nearly £5m was due to be paid at the end of 2019, which has since risen to £6.7m.

But the pair did not meet a deadline of paying off part of the sum for the seven-bedroom chalet in December 2019, according to the newspaper.

A spokeswoman for the duke said: “We can confirm there is a dispute between the two parties in this matter.

“The contractual details remain the subject of a confidentiality agreement and prevent further discussion.”

Buckingham Palace declined to comment on the reports.

Read more via Sky News/ Le Temps

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