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.

A financial lifeline for Prince Andrew from the sale of Pitch@Palace seems unlikely to go ahead.

The revelation regarding Andrew's involvement with a Dutch company follows reports King Charles is "dismayed" by the Duke of York's business dealings

Prince Andrew will reportedly face a major blow as huge deal to buy his start-up business is said to be teetering on the brink of collapse. Previously described as "Dragons' Den-style" events for tech startups,

Prince Andrew has suffered a setback after a multi-million pound business deal to take over the Duke of York's former start-up business network now appears to be in doubt. Dutch company Startupbootcamp (SBC) had been in talks about buying the Duke of York's Pitch@Palace network,