Prince Harry has been warned of facing a huge financial loss in the future as the Duke of Sussex aims to continue his legal battle against media publications.

For the unversed, the Duke of Sussex claimed that the News Group Newspapers titled The Sun unlawfully targeted him and his wife Meghan Markle.

Recently, the former working royal faced a big blow as he lost an application to bring new allegations against The Sun's publisher.

Speaking of Harry's legal battle, royal expert Michael Cole told GB News that Prince William's brother might end up wasting his money against the "red top tabloids."

The royal expert shared, "He's taking on the red top tabloids and the middle market tabloids and he wants to win the day. Whether he is wise to do that I'm not sure. You can burn through a lot of money very, very quickly."

Michael added, "You can very, very quickly dissipate your fortune by investing too much in the law." 

As per the reports, the combined net worth of Harry and Meghan is around £48million and the expert believes the California couple could meet with a big financial loss if legal battles continue.