I’ve long believed that Carole Middleton has her own communications operation out of Bucklebury. It’s widely assumed that the Middletons have always played the British media’s game, openly briefed friendly journalists and curated their own media contacts. Carole must be sh-tting bricks this week, as it has become very clear that the knives are out for her family. What’s crazy is that up until this week, I’m pretty sure that the newspapers were pulling their punches and trying to avoid reporting on just how badly the Middletons mismanaged their business, Party Pieces. PP collapsed into total insolvency this year, and it was sold off for £180K by the bankruptcy court, basically. The buyer didn’t have to take on any of the Middletons’ debt, so now they still owe creditors more than £2.5 million. The people owed money by the Middletons have been speaking out about how “betrayed” they feel by “the mother of the future queen.” And now Carole – excuse me, “a close friend of Mrs. Middleton” – is calling up her emergency contacts at the Daily Mail. Behold:
Carole Middleton has been left deeply ‘upset’ by the collapse of her mail-order business – but admits she has been ‘naïve’, it was revealed today. The Princess of Wales’s mother has been accused of ‘betrayal’ after Party Pieces went bust, owing £2.6million to creditors already warned it is ‘unlikely’ they will recover their money.
Party Pieces helped send Carole and Michael’s three children to the £42,930-a-year Marlborough College as well as buy a £4.7million manor house in Berkshire. But the business started from their kitchen table has gone to the wall with huge debts.
A close friend of Mrs Middleton told the Daily Mail’s Richard Eden: ‘Carole is understandably upset and deeply disappointed in this situation. Over the past five months she really has done her best to find a buyer, who not only would take the business forward, but would also honour any outstanding debts. Carole believes in accountability and accepts she had been a little naïve to step back and trust someone else to run the business she had spent decades nurturing and it’s been desperately sad to see the company sold off in this way.’
The friend claims: ‘The truth is Carole had stepped back from the business over three years ago, trusting the day-to-day running to a new management team. Sadly the business took a turn for the worse and by the time she realised, it was just too late.’
However, one of her suppliers told Mr Eden yesterday that Mrs Middleton had been giving personal assurances that debts owed by Party Pieces would be repaid in full earlier this year.
A statement published by administrators earlier this week revealed that Party Pieces owes the taxman £612,685. The company also owes £218,749 to RBS bank for a Coronavirus Business Interruption loan, £456,008 to other creditors and £1.4 million in unsecured loans.
Oh, she’s panicking. What actually happened is that Party Pieces was already struggling financially before the pandemic, and Carole took on some “business partners” and she continued operating PP. Then her business partners abandoned PP this year (which was then hushed up by Carole for months) while Carole tried to “sell” PP with a seven figure “dowry.” Then the bankruptcy court stepped in and sold PP. Carole is now trying to wash her hands of all of this when, really, it was her mismanagement which led to this entire catastrophe. And no, Party Pieces did not “buy a £4.7million manor house in Berkshire.” William bought that home for his in-laws with money from the trust left to him by his mother. Carole should sell Middleton Manor to pay her f–king creditors.
Just FYI – we still haven’t heard anything else about that cannabis grow operation which was raided by police right by the Middletons’ property.
Photos courtesy of Cover Images, Avalon Red.
-
- Michael Middleton and Carole Middleton The State Funeral of Her Majesty The Queen, Service, West Door, Westminster Abbey, London, UK – 19 Sep 2022,Image: 724158040, License: Rights-managed, Restrictions: , Model Release: no, Credit line: James Veysey/Shutterstock / Avalon
-
- Carole Middleton The State Funeral of Her Majesty The Queen, Service, West Door, Westminster Abbey, London, UK – 19 Sep 2022,Image: 724158170, License: Rights-managed, Restrictions: , Model Release: no, Credit line: James Veysey/Shutterstock / Avalon
-
- Michael and Carole Middleton arriving at Westminster Abbey, central London, ahead of the coronation ceremony of King Charles III and Queen Camilla.,Image: 774175111, License: Rights-managed, Restrictions: -, Model Release: no, Credit line: Andrew Milligan / Avalon
-
- Carole Middleton arriving at Westminster Abbey, central London, ahead of the coronation ceremony of King Charles III and Queen Camilla.,Image: 774175184, License: Rights-managed, Restrictions: -, Model Release: no, Credit line: Andrew Milligan / Avalon
-
- USA Rights Only – Berkshire, UK -20180519- Wedding of Prince Harry and Meghan Markle, at St George’s Chapel at Windsor Castle in Berkshire -PICTURED: Carol Middleton -PHOTO by: PA Images/INSTARimages.com -36580551.jpg This is an editorial, rights-managed image. Please contact Instar Images LLC for licensing fee and rights information at sales@instarimages.com or call +1 212 414 0207 This image may not be published in any way that is, or might be deemed to be, defamatory, libelous, pornographic, or obscene. Please consult our sales department for any clarification needed prior to publication and use. Instar Images LLC reserves the right to pursue unauthorized users of this material. If you are in violation of our intellectual property rights or copyright you may be liable for damages, loss of income, any profits you derive from the unauthorized use of this material and, where appropriate, the cost of collection and/or any statutory damages awarded Featuring: Carol Middleton Where: Berkshire, England, United Kingdom When: 19 May 2018 Credit: PA Images/INSTARimages.com **USA Rights Only**
-
- North America Rights Only – London, UK -20180711-Celebrities at Wimbledon – Day 10 -PICTURED: Carole Middleton, Micheal Middleton -PHOTO by: INSTARimages.com -VN_Wimbledon_Arrivals_906-5.jpg This is an editorial, rights-managed image. Please contact Instar Images LLC for licensing fee and rights information at sales@instarimages.com or call +1 212 414 0207 This image may not be published in any way that is, or might be deemed to be, defamatory, libelous, pornographic, or obscene. Please consult our sales department for any clarification needed prior to publication and use. Instar Images LLC reserves the right to pursue unauthorized users of this material. If you are in violation of our intellectual property rights or copyright you may be liable for damages, loss of income, any profits you derive from the unauthorized use of this material and, where appropriate, the cost of collection and/or any statutory damages awarded Featuring: Carole Middleton, Micheal Middleton Where: London, England, United Kingdom When: 11 Jul 2018 Credit: INSTARimages.com **North America Rights Only**
Well maybe had you run it better things would have workout. So sad too bad cry more.
Sure Carole! Everything was rosy and profitable until you naively trusted someone else to manage it. SOMEONE ELSE ran it to the ground, not her of course. So she shouldn’t be held accountable by the creditors. On a serious note, she should just take this beating and hide, and look for a quick exit for her daughter. The BRF obviously sanctioned this, they threw Kate and family to the wolves. Carole can’t turn this ship back now.
LOL, i think the messaging is clear in this case. they havent got a hope of slinking off to california and making some money, they are a financial risk that no one can bank on. I doubt her daughter will have the courage to leave and start her life fresh. I dont think she will have the same support that Harry found when he left.
So, this woman who proudly and repeatedly took credit for the family business and what it was able to provide, now cowers behind her partners, pretending that things were hunky-dory when she managed the business, but that after she got partners suddenly thinks went south. She is some piece of work, and I notice that she just casually describes herself as “naive” about her partners. That’s a clever way to hide behind societal images of women. Who chose those to go into business with those partners? Carole sounds like a very manipulative person and it’s clear that that trait runs in the family.
I have to wonder… all these pics we’ve seen in the last couple of months, where K&W have been looking even *more* distant, and like they’ve been fighting, angry, crying, etc…
Wonder if Kate *tried* to get W to pay off the debts and he’s refused to.
Yeah, someone else ran it into the ground. And she actually thought someone would buy it AND assume the debt? Really? Is that even done? I’m not a business person, and it appears whoever wrote this for the DM isn’t either.
And agree, @Debbie: all these years we’ve been hearing what an astute businesswoman Carole is, she built that company from the ground up, etc., etc., and now they want to describe her as naive??? Just a silly woman???
Hold on—does my brain deceive me or was this lady running around stateside trying to hawk her plastic wares at some New Jersey convenience store as recently as 2022? She doesn’t have anything to do with Party Pieces then? Just her image and her cutout, right? That last ditch effort shows she was helming the ship all the way up until the iceberg. The Middletons really think people are brainless.
Oh Carol, you’ve been such a fool,
Passing blame to others
When you are just a tool
You’ve hurt them
Now they’ll make you cry
Wonder how long it’ll be
Before willy says by by
😂😂😂😂😂Can’t get the tune out of my head
Nothing like a little Neil Sedaka first thing in the morning. This is his ode to Carole King. Well-done, Mary!
Nicely done, MaryPester!
AND it took her 3 years to “notice” the financials were absolute shit?!?
I have a suspicion that is why we have seen her in kates clothes the last few royal outings. She can’t afford her own anymore. We’re is the outrage for this. Kates clothing budget is for work events, not to clothe her poor grasping mother.
Carole isn’t the same size as Kate and won’t fit into Kate’s clothes. It’s more likely Carole is CopyKeenCopying (Inception???) her own daughter’s wardrobe.
Oh how the mighty have fallen. Unlike Edward ‘s wife’s family low key the Mighty Midds ‘ put on the dog’. One photo in a red coat, red hat, in a carriage she looks totally more royal than the Queen. Maybe this is why Kate sometimes looks like she has been crying. Billy said ‘no more money’- more tears.
Not as upset and disappointed as the people she owes money to, I’ll bet.
Exactly
Came here to say exactly this.
any idiot who gives an UNSECURED loan to a grifter like her deserves to lose the money. they need to go after her house. outrageous that she gets to sit in a multi-million dollar house while owing so much money.
Don’t worry, they will go after it. The Midds wouldn’t be able to pay thé thé taxes, hydro, water etc if it is anything like over here.!
Yeah, this. Carole Middleton has done the absolute most, for over a decade, to make sure all of England knows she is the next king’s safe space, the mommy he doesn’t have.
It’s England, so no one in the media is going to go against the royal family, which is obviously ready to kick Kitty to the curb. If Cannot and Willnot were in a marriage that was going to last, this sham business would have never made it to a bankruptcy court. It would have quietly gone out of business, with Carole and Mike crowing about their retirement and spending more time with all of their grandchildren.
It’s interesting that they’re now trying to spin as “it’s not Carole’s fault, she’s just so trusting and naive”, geez oh Pete!
It is super easy for the stellar investigative journalists of the Fail (hihi) to dig up the names of these managers. Let’s ask what they think about taking the blame.
Right? Sometime in the past week or two there was an article in which someone said Carole was a brilliant businesswoman. So which is it? Brilliant at business or naive?
I think they’re still trying to straddle both images of Carole as a clever, sharp financier whose business acumen single-handedly financed school tuition for 3 kids, bought the family home, and a partridge in a pear tree. They even included the lore that it was started in the kitchen and wrote that her business “collapsed” instead of “failed” (like mismanagement had nothing to do with it). I think that they’re still trying to spin it and that “naive” line was just the cherry on top of a very self-serving cake.
I always wondered how “brilliant” business woman Carole managed to run a successful business and NOT pass any of this knowledge or skill onto her children.
Kate doesn’t work. Kate never worked. Kate can’t even give a decent speech, and it only takes a couple of months of speech giving classes to get the hang of it.
Pippa wrote that awful book on giving parties. Pippa tips.
And James failed at making customized marshmallows.
Now I suspect Carole has never been a good business woman.
Was PP always a front for laundering Uncle Gary’s drug money?
Oops! The jig is up!
So she’s trying to blame it all on the management team that “took over” 3 years ago. Such bullshit. Unlike her daughter, Carole is a control freak. She knew exactly what was going on. The staff at the Wales’s country home who she bullied for years must be loving this too.
If the management was truly negligent she could sue them for that. But she won’t because it’s a lie. And she was always a principal shareholder and director and so the failure is her fault too.
In the US, bankruptcy, taxes must be paid back if not immediately then through a payment plan. Uncle Sam gets its money first before any other creditors. The court would issue a lien on any accounts or property of the parties. Not sure what rule is in the UK. A llc may protect personal assets but the company would still have to pay taxes to the govt under US law.
I agree. These grifters may be able to stiff the creditors but stiffing the government won’t be as easy.
I agree. The bank loans and money owed for taxes won’t be easily dismissed.
Perhaps the estate has been put in the kids’ or grandkids’ names in a trust. If so, if not in CarolE and Mike’s names, it’s not “theirs” for the taxman to attach.
I seem to recall that when Willie Nelson owed back taxes, and some member of Congress from Texas, they each had big ol’ ‘everything must go!’ yard sales/auctions in order to pay those back. Houses included, I think. I don’t know how the Middletons get away with this without some sacrifices. They would actually gain themselves a whole lot of good publicity if they did sell off their big home & move into something smaller and less grandiose, there’s just the two of them, after all.
No she’s only upset and disappointed that the press are reporting on it and in typical Middleton fashion is blaming others for her mis management.
Am dying for a reporter to do a deeper dive into the Middleton finances as there is no way on gods green earth that PP funded their lifestyle – even with all the debt its still doesn’t explain it.
Years ago, I read an article about the Middleton being billionaires from their very successful business. Oh, the spins in the British media!!
I thought her and mike stepped back in 2019 as the owners but that they remained majority shareholders? So is it on her to pay back creditors? Im confused
No. The whole point of a limited company is to set up a separate legal ‘person’. Unless the Middletons have done something provably dodgy or personally guaranteed loans (by which I mean signing legal papers to that effect not promising payment when people ask), once the company runs out of money, that’s it.
The Middletons’ personal money can’t be touched. Nor can their assets unless what looks like said assets are actually owned by the company.
Right, their personal money cant be touched (assuming the company was set up the way it should have been.)
that said, its going to be a really bad look if the Middletons aren’t paying back their creditors, including what appear to be government loans, but are still going on their fancy vacations etc. and right now I am not getting the impression that the papers are going to cover for them.
This makes me think of what’s his face Green (?) and the BHS collapse. When it came out that they had been stripping money out of the business and into his wife’s bank accounts after it collapsed with a huge hole in the pension fund he eventually gave a small amount back – if I’m remembering that correctly.
In US Bankruptcy system, taxes aren’t just written off automatically bc there’s no money in a limited liability corporation. It’s not an automatic discharge of tax debt. It depends on the circumstances and since this would be a high profile matter, letting the company walk away from paying taxes could prove problematic.
If the converting to an LLC was done while the Middletons knew that they were incurring unrepayable debt and they incorporated to dodge said debt, this is fraudulent. If this is investigated and the business losses predated the incorporation, it may not bode well for Carole.
Carole feeling deeply “upset” sort of has the same sound as “thoughts and prayers,” no? Clearly she (and her husband—is he not involved too?) has the means to pay back her creditors via her real estate, which would be the honorable thing to do. Actions speak louder than words and all that.
That said, a lot of royal and royal-adjacent people are involved in shady financial business. My guess is that right now the spotlight is on the Middletons, rightly so, but there should be a deep dive on how the lot of them access money.
Well well well. This part – “one of her suppliers told Mr Eden yesterday that Mrs Middleton had been giving personal assurances that debts owed by Party Pieces would be repaid in full earlier this year.”
Richard Eden is really all in on this story, isn’t he? I’ve always thought of him as one of William’s go-tos, which makes this……interesting. These stories are getting printed either bc William is allowing it, or he can’t stop it (i.e. a shot of the family eating lunch at a pub isn’t going to cut it this time.)
Eden has a combination of malice and sycophancy. He was the one who wrote about the Rural Rivals.
He knows how to wheedle the Royals and hangers-on for stories – and when to stick the knife in.
I think rather than being William’s stooge, Eden is Camilla’s pal. She was the one behind the Rural Rivals reveal.
I mean, if we need anymore reminders that Camilla hates Kate, this is surely the latest…
This is Middleton damage control – they know its a really really bad look for them to stiff paying their creditors and HMRC. I wonder who is paying for it unless they are going to dip into the money they siphoned off the business to fund their ‘lifestyle’. As much as they front for all the freebies and comps they can – that still doesn’t explain the lifestyle they currently enjoy.
Ma needs cash and she needs it fast – the longer she doesn’t pay her creditors the more this story will give. If she wants her suppliers to be quiet, she needs to pay them NOW. The fact that the new owner refused to take on that amount of debt tells us how desperate Ma was to off load the business – she doesn’t have the cash to pay off the debts and didn’t want to.
I won’t be shocked if we learn that kate sells off some of her multiples of designer outfits. It won’t bring in millions, but perhaps six figures and enough to deal with the tax debt and bank loan.
Oh, Nic919, maybe Kate can create a store on eBay like the Kardashians did! 😉
@BeanieBean 😂😂😂😂😂
Eden knows he can do this because William is fine with it. He is a sycophant and would not upset William if he knew this critical story about the Middletons would be an issue. It is clearly not.
We suspected that kate would be thrown to the wolves first, but the Middletons and their shady business has always been the easier target. And it is impossible to make this situation look good. Carole and Mike are leaving taxpayers to foot the bill of their bad business decisions, that is on top of also paying for their dilettante daughter’s extreme lifestyle.
Definitely agree about the Middletons being the easier target. Next up I’m expecting stories about William paying for their house because they couldn’t afford it.
There are two really interesting things here – that neither William nor his father stepped in to help the Middletons at least pay off some their debts before selling the company, and that this is being discussed so openly by someone like Eden. This article goes out of its way to include that bit from Eden about Carole being involved in the business wayyyy beyond what the Middletons are trying to claim. It definitely seems the knives are out.
Someone said in a post….either today or yesterday, I have no idea anymore, lol, that they think there was supposed to have been a separation announcement last August. The move to adelaide, Kate appearing in public without Big Blue, Charlotte on the helicopter with an overnight bag without her mother, etc. And then the queen died and they had to hold off. I think it was Harper or Beach Dreams. If that theory is correct – then there might be one this summer.
I just don’t think we would be getting these stories with such humiliating details for the Middletons if a separation wasn’t about to be announced.
I forget who said that, but I do recall that last year it took forever for them to confirm the move to Adelaide cottage and that it was basically done days before they were starting school. Almost as if another announcement about living arrangements were going to be made. But by august they would have known that the Queen’s health was getting far worse. I suspect that they were wondering if she was going to even make it to the jubilee and so they held off saying anything else.
@Becks1 it wasn’t me that posted about it the other day, but I agree that they sure looked like they were laying the groundwork for it last summer. The separate arrivals that were filmed, Charlotte with the overnight bag coming out of the helicopter with Will and greeting Kate, the weird move to Adelaide and the new schools. It was so obvious that it felt like they wanted people to notice. Then Betty’s death, Spare, the Coronation all required a show of unity. I think this summer might prove very interesting and that they might be okay with whispers of their estrangement growing louder.
Throughout all of Harry’s bombshells, Burger King coped by just not showing up anywhere. He’ll do the same if he decides to offload Kate. That’s why the summer, when they usually go AWOL anyway, might get interesting.
It was Beach Dreams, yesterday’s article about “bankrupt Middletons”. I added my own comment, basically agreeing it was a definite possibility because of how Will’s been behaving…
I am beginning to believe the Kate is being verbally and psychologically abused stories. If they are being spread to expose William, I predict open warfare.
Oh Carol(e), you and Kkkhate in danger, gurl!
Oh no, I guess I can’t go buy this stuff at my local NJ Shop Rite anymore…LOL.
The sad part is the investors will lose all their money, and the MIddletons will keep living the high life, in their mansion, showing up to all kinds of events in fancy clothes, etc.
She should have sold the business in 2019 or so once James Middleton’s cake and marshmallow businesses had collapsed and he was settled in a serious relationship with his now-wife who has her own career. She had no reason to keep it going beyond supporting his ventures.
I think she did try to sell it back then. I remember a few stories about them looking for a buyer and, presumably because she couldn’t they couldn’t sell it, they just took on these new investors and changed management. There were rumblings back then that the company wasn’t doing well.
That’s it. She wanted someone else to clean up the mess she had gotten the company into. Whatever business model she was running it on no longer worked & she didn’t know how fix it. Or she & Michael drained it once too often for their personal means.
Why on earth would she think any buyer would want to take on debt that was more than the business was even worth?
“A close friend of Ms. Middleton” – SchmarolE Schmiddleton
And yeah, as soon as they stepped away from daily operations, things began to tank. Mmmhmm.
Upset and deeply disappointed? Any normal person would feel humiliated and would be wracking their brains to see how they could pay off their creditors so these people don’t go under too. Advice…sell the bloody house, pay off what you owe and still have a couple of million pounds to buy a smaller but significantly grand new home. Simple really. If the Middletons are bankrupt they won’t be able to keep that Manor House anyway. “You cut your coat according to your cloth” as the saying goes. Living beyond your means will always catch up with you. A normal person would be devastated by bankruptcy not “deeply disappointed” and would be ashamed to hold their head up, not prance off to a foreign royal’s wedding as if they didn’t have a care in the world.
They won’t sell Middleton Manor because it is more private than your average $1 million shack. Wasn’t the idea in the first place that William was happy to pay for a home with more security because Kate and George were always there? Unless Pippa and James Matthews step up to provide the privacy Kate needs, Middleton Manor is not going to be sold.
They aren’t bankrupt, their company is insolvent. They will walk away with their personal funds and assets untouched.
Yet Meghan and her mother’s side of the family got the “straight out of” headlines.
Let’s pause a moment.
Andrew, Fergie, Mike the in law on reality shows, Sam and Tom Markle, and now the Middletons.
But write all those stories about H & M destroying the monarchy.
I don’t know but, the way I look at it, when you look at the actions of the people you mentioned, their grifting, their history of not working hard for what they’ve acquired, well is it just me or is there a strong resemblance to the British royal family with that kind of history? Maybe the royals recognize the similarities and are pretty okay with the disreputable ones’ grift. Just a thought.
Game recognizes game so this makes sense. I’m sure the RF see Fergie/the Middletons/white Markles/Mike Tindall as beneath them to varying degrees but they also recognize kindred grifters and therefore accept them into the fold at arm’s length for as long as they’re useful. They know what they’re getting with those people, even if it they only understand on a subconscious level.
But when they meet an empathetic and caring person like Meghan or Diana their internal alarms must start ringing – danger, does not compute, panic- and they set their weapons to destroy.
Right. Now we see who the gold diggers are. Meghan came into the RF with a $5M net worth. Now that we see that PP was a front, Kate and Pippa have less than $0 net worth and they are stuck. Their husbands don’t seem keen on bailing their parents out.
So I thought the company was valued at £40 million? How did they come up with that or was it all b.s. ? Was it just the mailing lists? Because the inventory was just imported paper goods. Unless William and George were considered company assets. Seems like the whole thing was a sham. Why didn’t the “gold standard “ advisors at the palace catch this?
That was ALL Middleton PR – embiggening themselves to make out they were just as wealthy as the RF and the other aristo’s.
I can’t wait to see what Vanity Fair has to say about all this.
I’m annoyed that press continue to make it seem that Party Pieces allowed the Middle-averages to send the kids to private school and afford the Buckleberry spread. The Middletons were living in a small home and really didn’t have much.
Somehow via a trust (?) the kids private school was paid for. The Middletons only moved into their manor AFTER Kate was serious w/William. Seems William’s money combined with the Middle-averages selling pap shots of Kate helped pay for this estate.
Finally, if someone said Party Pieces was a way for sketchy Uncle to hide and traffic money, I won’t argue you.
No, they bought Middleton Manor after WandK got married – William gave them the cash for it after a newspaper story about how they tried to get a mortgage for it (it also showed how much personal debt they were in) and then suddenly they’d bought it cash down.
But there was a big house between that one and the small one they were living in when Carole & Mike started the company. The one that William landed his work (Air Force?) helicopter in. They probably thought at the time they needed something more ‘fitting’ for the royal GFs family to live in.
This is so crazy. Whenever anyone dared question the origins of the Middleton money, people would bark that the family came by it because of Carole’s genius and work ethic. And complainers were jealous of this amazing woman. Now she is a naive woman who has been betrayed by unscrupulous wheelers and dealers. I mean, could these Middleton morons be any more obvious with their planted stories? And I still want to know how they got an invite to the wedding in Jordan. I doubt William would have pushed it. Wonder how much their airfare and hotel cost…
Your remark about the way any questions about the origins of the Middleton’s money and business status were shut down immediately reminded me of the way that sometimes criticisms of Carole M.’s actions — in running up debt then bailing and leaving investors and partners, suppliers and taxpayers high and dry while she enjoys jaunts to royal weddings in Jordan — such criticisms are shut down by people who bring up her husband’s name and suggest misogyny. Well, did these people speak up about the husband when Carole was receiving all the praise for the business’s success? They can’t have it both ways.
That business was struggling long before the pandemic. I guess now that the Middletons are bankrupt the press sees no value in pretending that they’re successful millionaires.
It is mildly curious that the grow op story was exactly 3 years ago and the business took a nosedive after that.
I wonder if she went to the Jordan Royal wedding with some Fortnum and Mason bags….
I think it was Waitrose bags….
Sainsburys and Fortnum & Mason. Oh, and a suitcase, too.
I always thought party pieces was just a money laundering front for dodgy uncle Gary.
Well, I see that the Middletons are engaging in the age-old royal edict of “Don’t explain, don’t complain” again.
The article quoted says that Meddletons have a home valued at £4.7 million. They owe somewhere between £2.5-£3.0 million according to various reports.
Sell the house, pay the creditors, pay taxes on the sale, and buy a £1.0 home. Poor lambs will just have to scrape by somehow.
Or point to the fact that the debts are owed by a limited company not them personally, refuse to pay a penny and walk away with millions more. Whichever will they choose? (/s)
Serious question, what happens if they bought that house with company money?
If they bought their house with company money they would be breaking all sorts of financial laws and basic accounting principles. I don’t think they’re quite that stupid but who knows.
Poor lambs 😂🐑🐑🐑
She’ll conveniently forget her promise to repay everyone and hope everyone else does, too, like the buried bullying investigation. It does seem like her best excuse (“someone else did it”), but it’s too thin if you think for half a second about it. Will this briefing shut down the press coverage? We’ll have to see!
Like WanK ‘wanting to’ replace the food stolen from the Swansea food bank.
Yeah, “offering,” as if there were any reason to wait.
“Carole should sell Middleton Manor to pay her f–king creditors.”
I have a solution, lol! The Sussexes don’t currently have a home in the U.K. and it has the security updates (since the FFK and his wife and family have stayed there)…
The Sussexes would need a truck load of sage smudges to cleanse that house.
I think it can only be cleansed by fire. You know there was a lot of vicious planning and briefing against the Sussexes done there.
Buy it, turn it into affordable housing units.
Blaming her partners is not a good move from CarolE. They aren’t dead, they aren’t part of the Royal Family keeping up a fake image, and they have no incentive not to talk. I’m surprised she responded; she should have let this story run its course.
Bitch couldn’t care less, as long as her pockets are lined. To hell with the little people who lost it all on her scamming. Very Trumpian, as someone else already commented. Crocodile tears.
I read somewhere they Kate’s net worth is now 26 billion. Surely she can toss off a couple million to her parents’ creditors?
Kate’s father-in-law is worth 28 billion but Kate doesn’t have money.
I have been picturing KC3 offering her another million in her settlement for each Sussex timed appearance this week…
Kate isn’t worth sh*t, it’s all Charles’s money, and given the sorry state of the Wales’s marriage the only money she may get is in an official separation/divorce. Lest we forget, Kate is expendable and neither Charles nor Camilla have her back, especially after the shenanigans she pulled at the coronation and the Chelsea Garden Show.
Since William and Harry’s inheritance came from Diana’s divorce settlement the only money of her own that Kate will have is if and when they divorce.
Kate is worth zero because she’s never earned her own money and anything she might have would be from her husband or her parents.
Kate gets her bills paid if originally Charles and now William approve of what she is spending money on. The only way she gets a cash lump sum is on divorce and even then it might end up in a trust for the children. Which come to think of it if a divorce is pending may be why the press has been given free rein on this story – justifying why Kate doesn’t get a Diana style lump sum settlement.
She has less unrestricted access to cash that she can spend as she chooses than the majority of women in the UK, most of whom work at least part time (can’t afford not to). I don’t sympathise – she knew exactly what she was getting into and she clearly enjoys spending to the max within the categories she is allowed, I’m just trying to clarify the position.
She can’t even sell furniture / clothing since the furniture is all on loan and it could be argued the recognisable (and therefore high value) clothes were bought for her public role and therefore belong to the RF not her.
I have always believed PP was a smoke-in-mirrors operation. It was always a cover for shady uncle Gary funding the Middletons for years, but made good story around the marriage (Kate’s family are hard-working business owners, Kate “worked” at PP the family business dontyaknow!). I don’t know why William or James didn’t bail them out this time, probably because they were tired of bailing out James Middleton.
All that said, I don’t know what the Middletons are retiring on.
This is bullshit. The business was already in deep trouble in 2019, which is WHY they brought in new directors (although Carole & Mike still remained as directors themselves, so they can’t claim they didn’t have a hand in anything – they’d have seen all the financials and been a part of all decisions).
And does anyone really think Carole was being “naive” about that ill-judged foray into the U.S., complete with life-size cut-outs of herself?? Because she certainly seemed to be fully on board with that.
And yes, it’s a limited company so they will personally walk away from the debts (unless it ca be shown there’s been dodgy stuff going on behind the scenes). But given that they owe a fortune to the Government (tax, etc) and have stiffed several small businesses who likely can’t afford to lose what they’re owed, this is NOT a good look.
Notice that she is distancing herself from the mess she and her husband made by saying how “upset and disappointed” they are that Party Pieces collapsed. Like Party Pieces was crossing the street when broadsided by a hit and run driver (like Sophie’s cavalcade did to that poor woman that died). The poor Middletons were just innocent witnesses to the demise of Party Pieces! Like they didn’t manipulate and scheme to suck all the money out of those who were finagled into investing in it in one way or another. Those people lost all their money, but it wasn’t the Middletons’ fault! The hell is wasn’t.
I want to know how much money it takes to cover the costs of Bucklebury annually. Property tax, maintenance, insurance, heck even even energy costs. How do the Middletons afford that when the business has been losing money for so long?
That’s probably one of the reasons their business has gone bust, bills for their manor put through the company’s books and/or directors’ loans from the company enabling them to meet their household outgoings?
Originally, Prince W may have covered its running costs. Or the money they made from sale of their original Bucklebury house has run out……
I think I read that same article years ago (mentioned up above) that the Midds are worth billions. I was thinking back then yeah right, billions my a$$. Lol.. Agree Kate is useless, she’s never really earned money on her own.
However she did get 1 characteristic from her mother, scammed her way to the BRF. I have to say it worked and it fooled a lot of stupid people.
Kate I agree has no finances of her own. Most Royals are pawns & are used & flaunted. They have to divorce to have a dime in their pockets. Kate could not ask William or Charles to help her mom, that would show failure to William on what kinda family he married into! Woman are disrespected. Megan & Harry total opposite they work as a team. Same with Fergies two girls, she showed them how to work. She set an example got financially in trouble, she divorced Andrew, she went to work, doing lots of things to be solvent again, & lived under same roof with ex to keep family together that’s love.
Conspiracy theory time:
Kate’s recent spat of events is her and her Mother’s argument for a larger settlement. The Jordanian wedding, the press competition with Charles…
The fanned flames of bad press for her family is William’s and Charles’ response.
Who shall surrender first? I think many of you are right, I think a divorce is being negotiated even now. Directly in front of us.
I’m cutting the Middletons slack here. Their business is dependent on people having parties and events. With lockdown the last couple of years, there weren’t a lot of parties being held.
As others here have already commented, PP were already in trouble before 2019…so, no it’s not a result of the pandemic… the pandemic offered them the excuse they were searching…. yeah, blame everything on Covid19..