LONDON, Nov. 1 -- King Charles is reportedly planning to offer Andrew a substantial financial settlement to fund his move out of the Royal Lodge in Windsor and prevent future overspending, according to a report in The Guardian.

The proposed deal aims to be a "once and for all" resolution to the issue of the disgraced Duke of York's status.

It is said to include an initial six-figure payment to help him relocate to private accommodation, followed by an annual stipend from the King's private funds. Sources familiar with the talks suggest the annuity would be significantly larger than Andrew's £20,000-a-year naval pension.

Negotiations on the relocation package are reportedly ongoing.

The move follows Andrew being stripped of his mi...