King Juan Carlos made headlines a few days ago after it became known that he had settled his million-euro debt. The King Emeritus has returned around four million euros ($4.3 million) to those friends who helped him formalize his affairs with the tax authorities. Among them is the Emir of Abu Dhabi, who has been one of his greatest supporters in the Arab country.
Regarding that friendship, the step taken by Governor Mohamed bin Zayed Al Nahyan and King Juan Carlos has been confirmed. This is something that sheds light on what Felipe's father's life is like in exile.
The pact between the Emir of Abu Dhabi and King Juan Carlos is exposed
Just a few days ago, it was five years since the Emir of Abu Dhabi opened his doors to King Juan Carlos. Since then, the Middle Eastern country has become the official residence and refuge of the emeritus. From there, he has been at the center of numerous controversies and has remained alert to everything happening in Spain.
What is drawing interest now that it has become known that he has paid back the 4 million euros ($4.3 million) he was lent is who he associates with. Also, what kind of life he leads in the Emirates that has allowed him to pay such a large sum in record time. In this regard, the step taken by the Emir of Abu Dhabi and King Juan Carlos is confirmed: paying for his expenses and needs.
The relationship between King Juan Carlos and the Emir of Abu Dhabi has been the subject of speculation and analysis for years. Beyond diplomacy and international relations, a personal friendship has developed that has had tangible consequences. Proof that this friendship is solid is how Mohamed bin Zayed Al Nahyan covers the emeritus's living expenses in the Arab country.
Several sources have pointed out that Juan Carlos's expensive lifestyle is estimated at around three million euros ($3.2 million) per year. This is not a modest standard of living, and it is confirmed that it is entirely funded by the Emir's coffers. This not only shows generosity, it is a clear sign of trust and affection, a solid friendship built over time and with discretion.
King Juan Carlos's other friends beyond the Emir of Abu Dhabi
The Emir of Abu Dhabi's gesture consolidates a relationship that has been growing for years; there is respect, common interests, and personal affection between them. The Arab leader provided him with a luxury villa where Juan Carlos has lived since 2020 and about which he doesn't have to worry. The Emir covers all expenses, including security.
For this reason, it is not surprising that the emeritus has been able to return the four million euros ($4.3 million) he was lent in record time. Considering that he pays nothing in the Middle East, the income derived from image rights and other activities remains untouched.
But the Emir of Abu Dhabi is not alone in looking after King Juan Carlos. At his side is another key ally: the brother of the Emirati president. He, known for being the head of Manchester City, also supports the king emeritus, and both share hobbies, trips, and celebrations.
Another of his great friends in the East is Saudi Prince Abdullah bin Saad. Both have been seen together at horse races. These friends are not mere figureheads; they are an active part of his daily life, his plans, and his financial peace of mind.
His 87th birthday party was a clear example; surrounded by friends, family, and sheikhs, King Juan Carlos celebrated in grand style. The Emir of Abu Dhabi himself took part in the organization. There were even drones forming messages in the sky, a true display of the opulence and wealth of the country that keeps Felipe's father.