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Disgraced Prince Andrew set to earn MILLIONS after striking deal to act as middle man for a business giant
Source reveals how windfall will help enable him to hold on to Royal Lodge
PRINCE Andrew has struck a secret deal to act as middle man for a business giant that will earn him millions.
The disgraced Duke of York has come to a commercial agreement with Dutch-based firm Startupbootcamp to use contacts he made from his Pitch@Palace initiative.
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Under the agreement, the Prince, 64, is paid for each deal SBC strikes in territories worldwide — earning him millions of pounds in total.
Officials from SBC pitched the idea to Buckingham Palace officials last summer before the deal with Andrew was agreed.
Weeks later, the King pulled his £1million annual funding for his brother, who he had been trying to evict from Royal Lodge.
But Andrew has remained at his Windsor home and Palace sources have said they received assurances about his funding streams.
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A source said: “He will earn money from each deal SBC secures from his Pitch@Palace work and the windfall will help enable him to hold on to Royal Lodge.
"It is a way of exploiting the enviable business links he has secured over the years.”
This is the first time Andrew has been known to do any work since he stepped down as a working royal before being stripped of his titles by the late Queen three years ago.
Scandal-hit Andrew had stepped away from the Pitch@Palace scheme, which matched entrepreneurs with investors, after his “car crash” Newsnight interview over links to dead paedophile Jeffrey Epstein.
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Kauan von Novack, CEO of Startupbootcamp said: “Our mission is to help entrepreneurs to create the change the world needs.
“We see immense value in the network built up by Pitch@Palace.”
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A Palace source said: “Buckingham Palace officials have neither reviewed nor approved the details of any financial arrangements between the Duke or his advisers and any third party.”
The Duke of York was approached for comment.
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