Andrew and Charlotte Moffat have resigned as directors of the Chelsea Yacht & Boat Company.

The controversial couple, who have brought havoc to the owners of the houseboat owners at Chelsea Reach since 2016, quit following an administration hearing at the High Court earlier today.

Multiple businesses owned by the couple have been put into administration. It appears that their departure was forced upon them as part of the process of unravelling their river property empire.

This is a developing story…

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