PRINCE CHARLES is said to have warned Prince Harry and Meghan Markle about their future commercial activities.
The Duke and Duchess of Sussex applied for UK trademarks on the name ‘Sussex Royal’ in June last year, for items including books, clothing and charitable fundraising. And according to reports, the couple have also applied for trademarks globally on a wide range of goods.
However, one royal insider told the Daily Mail’s Richard Kay Prince Charles and the Royal Family will implement rules on the couple’s use of the brand.
They said: “There will be strict instructions on branding, for example.
“No one wants to see the Sussexes’ name on a tub of margarine.”
In their bombshell statement on Instagram last week, the Duke and Duchess acknowledged they want to “work to become financially independent” as they “carve out a progressive new role” within the Royal Family.
Prince Charles WARNING: The ONE thing Charles warned son Harry about after quitting royals (Image: GETTY)
Prince Charles WARNING: The Queen acknowledged in a statement following the talks there will be a ‘period of transition’ (Image: GETTY)
As ‘working’ members of the Royal Family, Harry and Meghan currently receive funding from the Sovereign Grant fund.
The fund covered the costs of refurbishing the Sussex home, Frogmore Cottage in Windsor, which cost an estimated £2.4million.
But the pair are now seeking to relinquish their rights to receive funds from the Sovereign Grant.
On their new Sussex Royal website, the Sussexes’ state the grant is “specifically used for their official office expense”, but they would “prefer to release this financial tie”.
Prince Charles WARNING: Meghan and Harry welcomed baby Archie in 2019 (Image: GETTY)
Prince Charles WARNING: It has been suggested Prince Charles will continue to provide some funding to his son (Image: PA)
The website also states: “In addition, they value the ability to earn a professional income, which in the current structure they are prohibited from doing.”
Although plans for the Sussexes future have yet to be finalised, it has been suggested Prince Charles will continue to provide some funding to his son through the Duchy of Cornwall.
But a friend told the Daily Mail: “He [Prince Charles] doesn’t have unlimited resources. Harry needs to know that.”
While the exact figure is unknown, the couple reportedly have an estimated £30million private fortune of their own.
Prince Charles WARNING: Meghan reportedly received around £37,000 per episode in her role as Rachel Zane in Suits (Image: GETTY)
Prince Charles WARNING: Harry and Meghan announced they would ‘step back’ from their senior royal roles (Image: PA)
Meghan earned a considerable amount as an actress, famously playing the role of Rachel Zane in over a hundred episodes of Suits, where she reportedly received around £37,000 per episode.
Prince Harry is thought to have inherited most of his money from his late mother, Diana, Princess of Wales, and the Queen Mother.
Prince Harry also earned a salary as a British Army officer.
Prince Charles, Prince William and the Queen were all present for talks with the Duke of Sussex on Monday this week.
Prince Charles WARNING: The pair will be splitting their time between the UK and North America (Image: GETTY)
Widely dubbed the ‘Sandringham summit’, the discussions were held to decide on the Sussexes future role within the Royal Family.
The Queen acknowledged in a statement following the talks there will be a “period of transition” while they work out the details of their arrangement.
The Queen added: “Harry and Meghan have made clear that they do not want to be reliant on public funds in their new lives.
“It has therefore been agreed that there will be a period of transition in which the Sussexes will spend time in Canada and the UK.
“These are complex matters for my family to resolve, and there is some more work to be done, but I have asked for final decisions to be reached in the coming days.”
Source: EXPRESS CO UK