How much did Andrew pay Virginia Giuffre: Experts give their verdicts

Source: Express

Date: 2/15/2022

Prince Andrew has reached an out of court settlement with Virginia Guiffre in the civil claim filed in the US. The Duke of York has pledged to donate a "substantial" amount to Ms Guiffre's charity and said he regrets "his association" with Epstein.

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How much did Prince Andrew pay Virginia Giuffre?

As yet the figure of the claim to be paid to Ms Guiffre has not been disclosed.

The statement read: "The parties will file a stipulated dismissal upon Ms Giuffre's receipt of the settlement (the sum of which is not being disclosed)."

The amount will be paid "to Ms Giuffre's charity in support of victims' rights".

Read More: Prince Harry threatens to 'lay bare' relationship with Camilla

Prince Andrew

How much did Andrew pay Virginia Giuffre: Experts give their verdicts (Image: GETTY)

Legal commentator Joshua Rozenberg spoke to Sky News in the wake of the announcement and speculated as to the amount Andrew may have to pay.

Mr Rozenberg paid close attention to the use of the word "substantial" in the statement and said he believed considering legal fees, Prince Andrew would have to front "a very large sum of money".

Mr Rozenberg said: “We’re looking at a very large sum of money, particularly when you add the legal costs involved.

“The amount she got from Jeffrey Epstein was half a million dollars… I’m not saying that is a guide to this.

Virginia Guiffre

A 'substantial' settlement will be paid to Ms Guiffre (Image: GETTY)

“But it’s certainly a substantial sum of money which Prince Andrew will have to raise I suppose.

“If it’s being paid to a charity then at some point the amount may come out.”

There is also speculation as to who is paying for the settlement, with Mr Rozenberg saying Andrew is "not a wealthy man".

Another expert has claimed the cost Prince Andrew is paying could be in the millions. 

Prince Andrew has been stripped of his royal duties due to the case (Image: EXPRESS)

One senior palace source reportedly told MailOnline the settlement amount is around $10 million (£7.5 million).

They added the deal is currently likely a "settlement in principle" as Prince Andrew is awaiting the sale of his chalet in Switzerland.

The Telegraph has reported the figure is higher, at around £12 million and he will be given help paying the sum from his mother the Queen.

However, none of this is confirmed, with both Buckingham Palace and Andrew's representatives declining to comment.

Many experts have been surprised by today's news as Ms Guiffre had previously been resistant to settle, instead wanting to take the case to court. 

However, in the United States, more than 90 percent of civil cases are settled out of court before reaching trial. 

Royal author Penny Junor said the settlement is likely to come as a "huge relief" to the rest of the royal family.

She told PA: "Going to trial, it could have been very, very nasty.

"It could have been embarrassing, humiliating, and it would have been huge fodder for the tabloid press."

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