Charles financially supported the Sussexes until summer 2020

[SnottyLottie]

news.sky.com/story/duke-and-charles-paid-substantial-sum-to-harry-and-meghan-after-megxit-but-couple-paid-back-rent-for-frogmore-cottage-12340192

Prince Harry revealed in his Oprah interview that the Sussexes stopped receiving money from the royal family in the first quarter of 2020. However, newly published accounts reveal that Prince Charles continued to financially support the Sussexes until summer 2020.

I wonder if this is going to be a case of their truth or incorrect wording on Harry’s behalf. Interesting!

It is probably late bills being entered into the accounts. It’s amazing what you can get a set of accounts to say so unless you are in The Dutchy of Cornwall finance department or one of the major players involved then you cannot rely on it as definitive proof.

I'd like to see the dates on the invoice and the narrative with dates of services performed.

I would bet cash money that did Harry stop receiving security in Q1 ...and Charles staff recieved and/or booked the last invoice to the accounts in Q2.

Crafty wee fellas, courtiers.

I agree @PicsInRed and @MrsPnut

Also the accounts give a lump sum regarding H & W, and do not break anything down, just that they were given less than the previous year.

Clarence House agrees that Harry was cut off end of first term last year. He did not lie.
He carried on with his one year extension duties, zoom calls to patronages like everyone else in Royal Family. In that time his security was taken, money cut off.

He had paid for Frogmore, plus rent.

This story is to deviate from the fact that the palace spent more last year despite the fact that there were less visits due to lockdown. Didn't know zoom calls cost this much.

There is also the story going around about how Diana wrote a note to saying "My husband is planning an accident"

My understanding is that Met Officers accompanied H and M to Canada in November 2019 . They were photographed. The issue arose in January 2020 when H and M announced they were stepping down from royal duties . The Met said it was no longer feasible to provide security and the Canadian Govt said no .
They moved to USA where Trump made it clear that the US would not provide security and the Met couldn’t/ wouldn’t do so .
It was stated in the Press at that time that H and M had private security and it was also stated that PC would provide financial support which he appears to have done until July ( as per the published reports )..
The issue seems to be that H claims to have been cut off financially in early 2020 yet records show this to be wrong .

I don't understand his 'my family cut me off financially' statement - what sort of entitled person thinks they're family should be paying for them once they're an adult, he'd already had 7 mil from his mother, why should his dad be financially supporting him? He doesn't want to be a royal, that's fine, but he's 36 years old for gods sake and bleating that his family aren't paying his keep. I just find him more and more pathetic and dislikeable by the day.

In addition to the money his Mum left him , H also received a substantial inheritance from the QM. Apparently she left more to him that W.
I do think H and M were unrealistic to expect financial support when they stepped down. In any event they seem to have made themselves financially independent as desired .

Depending on payment terms you can receive an invoice in Q1 but not necessarily need to pay it until the next Q.

You can’t just include it in the accounts whenever you Like though

It has to be reflected in the period for which it was incurred. Not as
Simple as when it was paid

Per the Telegraph, a Sussex spokesperson has said Harry meant the first fiscal quarter of 2020 (ie, from
April- June) rather than the first calendar quarter - which would reconcile the two positions

Yes you are right @Mumsnut. I'm too lazy to look properly at the accounts.

I don’t have understand the point he is trying to make. He previously received a shed load from family inheritance. His dad stopped financing him in his late 30’s. And what’s his point?

@Mumsnut

Per the Telegraph, a Sussex spokesperson has said Harry meant the first fiscal quarter of 2020 (ie, from April- June) rather than the first calendar quarter - which would reconcile the two positions

Pretty sure Harry won’t think in fiscal quarters.

I love the idea that Harry, who has never given us the impression of being exactly financially literate, was apparently talking in terms of quarters of the Duchy of Cornwall financial year in his interview with Oprah, rather than the calendar year (as most of the viewers would have understood it). I mean, I don’t know Harry, of course that might be the case, but it definitely amuses me.

@Mummy194 what’s with the comment about Diana’s note? That is very old news - Charles was questioned by the Met about it at the time and they decided there was no need to take it any further.

@NakedAttraction snap!

@Tal45

I don't understand his 'my family cut me off financially' statement - what sort of entitled person thinks they're family should be paying for them once they're an adult, he'd already had 7 mil from his mother, why should his dad be financially supporting him? He doesn't want to be a royal, that's fine, but he's 36 years old for gods sake and bleating that his family aren't paying his keep. I just find him more and more pathetic and dislikeable by the day.

TBF THIS ^^

He’s a 36 yr old married man with a family bleating that daddy isn’t paying his pocket money anymore to the tune of £2.5 million, and that the British tax payer won’t fund him for doing nothing whilst he lives it up in Montecito, when he had over £12 million (I think) plus Megan had around £4 million in the bank! Maybe they could just have cut their cloth according to their income like all of us have to?

@Mumsnut

You can’t just include it in the accounts whenever you Like though

It has to be reflected in the period for which it was incurred. Not as
Simple as when it was paid

But if you receive the invoices late and have not raised an accrual for them then they will be entered after the period they cover.

@ MrsPnut.

Are you suggesting that H invoiced his Dad ? Or am I misunderstanding?

And you can bet your arse that Charles is still funding them but will do so under the radar from now on.

Their grabby behaviour is shameful.

@Oldbutstillgotit

@ MrsPnut.

Are you suggesting that H invoiced his Dad ? Or am I misunderstanding?

Not Harry invoicing his dad, rather services and goods that were for the use of Harry being paid for by his Dad.

MrsPnut

“Not Harry invoicing his dad, rather services and goods that were for the use of Harry being paid for by his Dad.”

Oh right , I just assumed PC would make cash transfers .

Tbh I think security should probably still be funded - he isn't less of a target because he's relocated to America. Regardless of family fall out I'd think a father would still want to protect the physical safety of his kids.

@Serenster

I love the idea that Harry, who has never given us the impression of being exactly financially literate, was apparently talking in terms of quarters of the Duchy of Cornwall financial year in his interview with Oprah, rather than the calendar year (as most of the viewers would have understood it). I mean, I don’t know Harry, of course that might be the case, but it definitely amuses me.

@Mummy194 what’s with the comment about Diana’s note? That is very old news - Charles was questioned by the Met about it at the time and they decided there was no need to take it any further.

Well, the story has come back in the US, for the new generation to see, I guess.

Looks like Harry is not the stupid one since none of his charities have been closing, and he is not the one whose foundation spent hundreds of thousands in outgoings, while being left with less than £700

Also these are only the official Clarence House accounts and do not include Prince Charles personal wealth. It has been reported that PC paid for a lot of the fixtures and fittings at Frogmore etc personally as a gift. He paid for Meghan’s wedding dress and the bridesmaids and flowers cake etc from his personal funds.

Harry is a man who has never had to think about money , he just hasn’t . A simple example of this is that he was frequently seen in our local supermarket at one stage of his life, it was well known that his security always paid. I just think he hasn’t needed to think about it . Now suddenly he is married to a women who to her credit is grafter, who has worked for what she has and is consequently very aware of every cent. They also live in a country where money talks, Meghan would definitely think about fiscal quarters.

The problem with M&H now is that they are like Matilda in the children’s book often read to me by my mother. Its a cautionary tale; Matilda keeps calling the fire brigade when there isn’t a fire. The sad consequence is that when there is a fire they don’t come because they don’t believe her even though she was telling the truth.

I'm embarrassed for Harry, a multi-millionaire, educated in elite schools, grew up in palaces, holidayed all over the world in private planes ....complaining because he wants to stop working for the family but still get paid by the British taxpayer and maintain his lifestyle.

(The £7mil he inherited from Diana actually
Turned out to be £15mil after investment while he was still a minor)

Chatting to his billionaire friend OW about how hard done by he is...during an international pandemic, when people are losing their lives, their homes, their livelihoods. It's in shockingly poor taste, incredibly narcissistic.

Upset he's lost military titles and the chance to wear fancy uniforms and medals that were gifted to him in the first place, not earned.

I want I want I want! Bloody disgrace, who knew he was such a dickhead!?

So we're now told the £2.4M renovation costs we were assured had been fully repaid actually included eighteen months of the rent we were assured would be paid at market rate (estimated at around £20kPA).

It would appear someone is out of pocket to the tune of around £360K.