Rod Stewart has insisted that there is ‘absolutely no rift’ between himself and his wife Penny Lancaster and they ‘could not be more in love.’
The couple were said to be desperately working on their 17-year marriage after the singer reneged on their plans to sell his $74 million Beverly Hills mansion and return full-time to the UK.
The veteran British rocker, 79, was thought to be unwilling to leave LA, while Penny, 53, did not want to stay in the US despite Rod extending his Las Vegas residency and rejecting two offers on their sprawling property.
Sharing an update to Instagram, he wrote: ‘We wanted to put the record straight. There is absolutely no rift between Penny and I and no disagreement over where we should reside, in fact it’s the opposite.
‘We moved permanently back to our beloved Britain a year ago but are fortunate to also have homes in different countries, which we love to visit.’
Rod Stewart has insisted that there is ‘absolutely no rift’ between himself and his wife Penny Lancaster and they ‘could not be more in love’
Rod continued: ‘Originally We did think it made sense to sell our house in LA, but having spent a wonderful time there this summer with family and friends during my Vegas residency we realised that it makes sense to keep our house there. Two of my eldest children still live in Celtic House (the LA residence).
‘Penny and I could not be more in love with each other after 27 glorious years. Please trust me on this….. there’s no disharmony in our marriage. Rod ” a very lucky man ” Stewart.’
On Wednesday, DailyMail.com learned the pair are now at a ‘stalemate,’ with Rod refusing to leave LA, and Penny refusing to stay after he extended his Las Vegas residency and rejected two offers on the sprawling nine-bedroom property just over a month ago.
‘Rod loves his life in LA and he flies back and forth to Vegas for his gigs,’ a well-placed insider said. ‘He gets to spend quality time with his grandchildren and hosts a banquet dinner almost every Sunday night at home for a crowd of his best friends.’
Rod revealed plans to relocate to his native UK in June 2023 when he listed his 33,000-square-foot Beverly Hills abode – which also includes a three-story guesthouse, swimming pool and a sizable soccer pitch for $70 million.
He then cranked up the asking price to $80 million in December, before slashing it by $6 million in February to leave a $74 million price tag.
But the rocker has since pulled the property from the market, leaving Penny – who is a regular on UK panel show Loose Women, works as a special constable for the City of London Police and considers the British countryside ‘home’ – fuming.
‘Penny has no plans to return to LA, which she’s not a fan of, while Rod has no plans to move back right now,’ the insider continued.
The couple were said to be desperately working on their 17-year marriage after the singer reneged on their plans to sell his $74m Beverly Hills mansion and return full-time to the UK
‘They’re at a stalemate and Penny is angry that Rod’s gone back on his word. It’s about saving their marriage right now.’
DailyMail.com has contacted representatives for Stewart and Lancaster for comment.
Rod, who first moved to LA in 1975, paid $12 million for the land on which he built his yellow stately mansion in 1991 after roping in California architect to the stars Richard Landry.
The property boasts 12 bathrooms, a huge formal dining room for over 20 guests, a speakeasy, a movie theater, a wood-paneled library, a wine room, two gyms, an eat-in chef’s kitchen, a tearoom – and also currently houses his 1,500sq ft model railway.
On Wednesday, DailyMail.com learned the pair are now at a ‘stalemate,’ with Rod refusing to leave LA, and Penny refusing to stay after he extended his Las Vegas residency
‘Penny has no plans to return to LA, which she’s not a fan of, while Rod has no plans to move back right now,’ the insider said
He confirmed his return to the UK last June, citing his sons’ education as one of the leading factors.
‘The chance of me selling is very, very slim because I really love it so unless I get the right price I won’t sell it,’ he told Chris Evans on Virgin Radio.
‘I love Los Angeles and the American people have been very good to me, but it’s time to leave. My two boys, [17] and 12, are going to school here [UK].’
The Grammy-winner planned to make his palatial Essex estate, known as Durrington House, his permanent residence. He and Lancaster purchased the 10-bedroom, 18th century property back in 2016.