“The affair shines a light on Prince Andrew’s unusual finances.”

Plus: The Duke and Duchess of York have “reluctantly” been forced to sell a luxury Swiss ski chalet they jointly bought after the owner launched legal proceedings against them.

The disclosure was made as the pair faced a threat to seize the chalet and auction it off, and pursue them in the courts in the UK if the sale failed to cover their debts.

Prince Andrew repaid own charity after queries from regulator
— Read on amp.ft.com/content/03d8400b-38a1-433e-9729-c264857d11e0