Liza Minnelli is starting the New Year with a new toyboy - a 27-year-old Austrian royal.

The CABARET star, 59, who is still fighting for a divorce from estranged husband David Gest, is reportedly dating PRINCE MAX OF SCHAUMBURG-LIPPE - the former lover of socialites Ivana Trump and Paris Hilton.

The European royal has confirmed the romance to US tabloid National Enquirer, stating the actress/singer is his perfect match: "Liza is American royalty. She's a princess... Women like Liza are truly alluring."