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Barclay Brother Blocked Twin From Valuing Private Island

  • Tycoon facing jail over failure to pay £100 million divorce
  • Sale of Channel Island would ease liquidity issues, judge says
Frederick Barclay at the Royal Courts Of Justice in London on July 25.

Frederick Barclay at the Royal Courts Of Justice in London on July 25.

Photographer: Dominic Lipinski/PA Wire
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Frederick Barclay, facing jail for failing to pay his former wife in their divorce, said he’s been stymied in his efforts to sell assets including the family’s private island that lies just off the northern coast of France.

Frederick, 87, has yet to pay any of the £100 million divorce award and says he has few if any assets to sell to raise the funds. Lawyers for the tycoon argued that even his 50% share in the freehold at Brecqhou, the tiny piece of land in the Channel Islands, is almost impossible to sell as the rest of the family remain unwilling to part with it.