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It appears as though Prince Andrew is already experiencing a setback just one month after signing a lucrative business deal.
The disgraced Duke of York, 64, last month secured a deal with a Dutch business firm that promised to pay him millions in exchange for his connections from the Pitch@Palace initiative.
Andrew’s joined venture with Startupbootcamp marked the first known work he’s undertaken since stepping down as a working member of the Firm in 2020.
However, sources close to the startup have told BBC News that weeks after the former working royal joined the team, nothing has been signed and no transactions have taken place.
The Post has reached out to Startupbootcamp and Buckingham Palace for comment.
Andrew was due to receive a cut for each deal Startupbootcamp made across global territories, as per the agreement.
Kauan von Novack, CEO of Startupbootcamp, even spoke out about the partnership with the scandal-scarred royal, saying the company’s mission “is to help entrepreneurs to create the change the world needs.”
“We see immense value in the network built up by Pitch@Palace,” he added at the time.
Still, there’s been no word from Andrew about the ambitious business venture.
Behind the scenes, Andrew has been doing all he can to remain at the Royal Lodge ever since his brother, King Charles, expressed a strong desire to downsize him into a smaller property.
Late last year, Andrew found himself on the brink of eviction — but nonetheless refused to move into the smaller Frogmore Cottage.
Despite being poised to leave the royal digs after Charles refused to continue financially carrying his brother’s weight, Andrew sensationally managed to find a mystery financial backer at the eleventh hour.
The new gig was said to have been a financial lifeline that could have provided him with a much-needed cash boost. However, it’s now been thrust into doubt given that no transactions have taken place.
It comes as Andrew had taken up household chores in a desperate bid to pinch a few pennies around Royal Lodge, given its “shocking” current state.