Tuesday, July 28, 2009

Brankrupt Aristo's Forced Out of Ancestral Home



Park House, the ancestral home of Sir Charles Wolseley, 11th Baronet of Wolseley and Lady Wolseley, has been sold to the Royal Bank of Scotland after Sir Wolseley's failed business venture. The couple ran into trouble after Sir Charles was unsuccessful in turning the garden into a tourist attraction; Sir Charles declared bankruptcy in 1996 with debts of ₤2.5 million The Daily Mail is reporting that the couple will have to move into a converted barn.

In these tough times, The Aristo News is surprised, but not shocked, by the news. The Park House estate has been in the family for 1,000 years after it was given to them by King Edgar. Maybe he should have sold the family silver instead...

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