The Queen is renting out a playing field at Kensington Palace to a millionaire Russian businessman for the duration of the London Olympics as part of a new fund-raising drive.
The area, known as Perks Field, which is currently used by the royal household as a football pitch and for landing the royal helicopter, will be used to host VIP events and promote the 2014 Winter Olympics.
It is situated to the north of the palace where the Duke and Duchess of Cambridge have their London base as well as Prince and Princess Michael of Kent.
Details of the deal are not being made public but it is understood that the Queen’s bean-counters will pocket a six figure sum.
