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Prince William and Kate Middleton Go Corporate: 'Modern Royals' to Appoint Supermarket CEO Over Crown as Jewels and Traditions 'Headed for Dumpster'

Prince William and Catherine, Princess of Wales, both 42, are set to "radically change the very culture" of how the ancient British monarchy looks and operates with the opulence and jewels "likely headed for the dumpster," a source shared.

Veteran royal expert Jennie Bond also spoke about the Wales makeover that is said to favor a more "ceremony-lite" royal family when the Prince of Wales takes the throne. "The Waleses have stepped outside the Palace walls in more ways than one," she shared.

"They've appointed a former CEO of Tescos to head up their Royal Foundation and are planning a more corporate approach for their private office," the journalist said. "While plans are on hold as the Princess recovers, it's clear that the couple intends to bypass some of the 'gray men' at the Palace and take more direct control of their affairs."

It's also not just Prince Harry and Meghan Markle who dislike the "men in grey suits," a source stated, but also "William and Kate want to rein in the out of control courtiers."

Since the medieval era, royal courtiers have officially advised and conducted the day-to-day functioning of the monarch's court, with King Charles III's reign being no different today. But issues with the regal advisors prominently popped up during Diana, Princess of Wales' era, who is said to have given them their ominous description.

Her youngest son, Prince Harry, called Queen Elizabeth II's advisors "middle-aged white men who'd managed to consolidate power through a series of bold Machiavellian maneuvers."

The future king is reportedly "coming after" the carriages, costumes, music and theater of the monarchy he will one day lead, another royal insider spilled. This led royal expert Richard Eden — who spoke to a friend of the future king last July — to ominously reveal, "What he told me left me worried about the future of the monarchy."

Eden shared his conversation with the Prince of Wales' pal while examining the "diminished" Buckingham Palace balcony royal appearances at Trooping the Colour since Elizabeth II died.

"When the older members of the family retire, His Royal Highness won't be inviting anyone else to become working royals," Eden said. "It remains to be seen if he will even want his two younger children to be working royals."

The British monarchy is one of only a handful left in the world that still maintains its opulent pomp, pageantry, medieval rituals and centuries-old court etiquette, which Eden suggests could be on its way out.

The formerly grand royal courts throughout continental Europe long ago became known as "bicycling monarchies" thanks to efforts by governments to curtail royal grandiosity throughout the 20th century. "They process on bicycles — not in a carriage or Rolls-Royce," a former courtier shared.

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Daily Mirror reported on the expert opinions.