Katie Price ‘FORCED to pay £12,000 a month to clear debts’

Katie Price

by Catriona Watson |
Updated on

Katie Price will have to pay a whopping £12,302 A MONTH as a result of her debts

It's been reported for months that Katie Price is suffering money troubles and now the mum-of-five to Harvey, 16, Junior, 13, Princess, 11, Jett, five, and Bunny, four, allegedly owes more than £800,000 in debts.

Katie, who has just returned from a holiday in Thailand with her boyfriend Kris Boyson, has previously attempted to sell her customized cars and Jordan memorabilia in a desperate bid to drum up funds.

CHECK OUT: Katie Price's most WTF moments over the years

Gallery

Katie Price WTF moments (slider)

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CREDIT: Getty

When she made Kieran Hayler dress up as a unicorn

See the look in then-husband Kieran Hayler's eyes? That is a look that says 'what has become of me?' With a side of 'help'.

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CREDIT: Getty

Her VERY unique way of telling the world Peter Andre was her bae

Forget name necklaces or even having your O/H's name tattooed across your heart - Katie proved Peter was her bae by flashing her pants. Obvs.

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When she went out dressed up like cross-dressing ex husband Alex Reid

In her autobiography Katie tore into Alex's 'weird and kinky' fetishes, saying: ''Think of the most disturbing s**t you could imagine, and times that by ten. Only then are you getting close to what I witnessed and what Alex wanted me to join in with."

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When she took 17-year-old Gareth Gate's virginity

Katie was pregnant with Harvey at the time, and Gareth was on Pop Idol. Katie said of the 'three-second' event: "[He was] shaking so much his trousers practically fell off his legs."

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The time she TORE into arch-enemy Jodie Marsh

KP took to Twitter to hit back at Jodie, writing: "Don't knock mothers like me, there's lots of us. Didn't you go out with my exes names written all over your body, marking them out of ten after you shagged them (classy)? Well, you've shagged nearly all my leftovers and not one of them wanted you (gutted)."

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... and then ruined his career

Soon after the shocking news of their rendezvous hit the headlines, Gareth took a break from showbiz. A break that is still going, it would appear. Never mess with the Pricey, eh?

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That time she suggested Kelly Brook lacked skills in the bedroom

When Katie and Kelly were dating the same guy - rugby player Danny Cipriani - things turned nasty. Katie tweeted: "I'm sure Kelly wouldn't be laughing if I said the things Danny said to me about her in the bedroom when I was with him haha."

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When she tweeted a cryptic message on Joe Hart's wedding day

On the day footballer Joe Hart married Kimberly Crew in 2015, Pricey tweeted: "All Harts go out to the married couple is he going to tell her the truth about us?" She quickly deleted the tweet... but by then it was too late.

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CREDIT: Instagram

That time her #TBT was a sexy snap of her baby bump during labour!

There's no denying that KP knows how to make headlines! Who even thinks to take a raunchy labour pic? We have to admit, she does look incredible though!

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CREDIT: Getty

When she wanted to represent Great Britain in Eurovision

How can we possibly forget Katie Price's infamous Eurovision bid where she performed in a crystal sequinned pink catsuit?

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CREDIT: Instagram

She had a wild night out with Arg from Towie

Katie let her hair down on a midweek night out with Towie royalty James Argent in Sheesh restaurant and gave the lucky man a lap dance.

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CREDIT: Shutterstock

That time she tweeted that Jane Pountney will 'open her legs to your husbands.'

After news emerged in 2014, that Jane Pountney had slept with her husband Kieran Hayler, Katie went on a MASSIVE Twitter rant. In one post she wrote: "I hope anyone who still wants to be friends with jane w_**_ pountney now realises she is not loyal who will open her legs 2 ur husbands".

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CREDIT: Shutterstock

The fact she is considered a best-selling author, despite not writing a single line

All of her books (30+ of the bloody things!) were written by ghostwriter Rebecca Farnworth, who sadly passed away from cancer in 2014.

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CREDIT: Shutterstock/ITV

When she told Loose Women fans she's a proud owner of a diamond-encrusted but plug

Katie was marched out of the studio when she also told viewers her favourite lubrication is 'spit'. This caused the hashtag 'spit' to trend on Twitter. Lovely.

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CREDIT: Twitter

That time she got naked at a work Christmas party and called everyone a 'f***ing little sh*t'

Katie was paid over £15k to appear at a Christmas do, but got a bit too drunk and started effing and blinding at the poor guests. She also stripped off naked in the loos and declared her undying love for Dane Bowers. Christmas parties bring out the worst in us, right?

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CREDIT: ITV

When she repeated the N word on telly

During an appearance on This Morning, the former model was slammed by fans for using the N word when discussing the abuse her son Harvey faced from trolls.

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CREDIT: Shutterstock

The revelation that she wanted to name her daughter Disney

Katie explained how she decided on Bunny's name in her tell-all book Reborn, saying: "At one point I wanted to name her 'Disney', but I didn't really want her growing up thinking she'd been named after a theme park!"Katie also burst out of a giant egg at the book launch. Naturally.

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CREDIT: ITV

When she revealed how to join the mile high club

Katie opened up about getting frisky a 30,000 feet up in the air during an interview with The Sun's Fabulous magazine.Speaking about having sex on an aeroplane with new boyfriend Kris Boyson, she said: "Yes! [But] not in the toilet that's so obvious."You just do it other ways don't you? Put the blanket over you, little...yeah."

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CREDIT: Shutterstock

That time she dressed up as a unicorn

KP stole the show dressed as a human unicorn, complete with pink horse and Kieran Hayler in matching attire for the launch of Katy Price's Pony Club in 2016.

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CREDIT: Shutterstock

The fact she's yet to change her will since Peter Andre marriage

"If I died now Pete would get everything and Junior, Princess and Harvey, So let's just hope nothing happens." Very wise Katie, very wise.

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CREDIT: ITV

That time she threatened to expose '52 screenshots' of flirty texts with Chris Hughes

In one of the most bizarre celeb fueds in recent reality TV history, Katie Price and Chris Hughes had an epic bust up last year culminating in KP threatening to expose screenshots of flirty texts.It all started with some harmless flirting, but then Katie denied Chris' claims she had sent him some saucy messages. He then named and shamed her on Twitter and posted messages she had sent him on Instagram and WhatsApp.Just when we thought all the drama was over the mum-of-five warned the reality star at her show An Audience With, she said: "Some celebrities should be careful with what they say and not out people."It will come back and bite them on the bum. Do you know what I mean?"

An order has been issued by the TV star’s creditors which requires her to pay off a total of £856,358 in monthly installments - £12,302.25 a month in the first year; £12,332.81 a month during the second year; £14,363.37 in the third year; £15,296.44 in the fourth; and £16,068.36 in the fifth.

The agreement means Katie narrowly avoids bankruptcy but if payments are not made, the star could have her mansion forcibly put up for auction to cover the hefty sums.

Katie’s company Jordan Trading went into liquidation and the glamour model has reportedly sold some of her beloved animals as her West Sussex home shows signs of disrepair.

Despite financial trouble, mum-of-five Katie, has maintained her lavish lifestyle – as well as her recent trip to Thailand she is believed to have splashed £25,000 on six trips in the last eight months.

Katie has also been disqualified from driving after being caught speeding, driving while banned and an alleged drink driving offence.

But this hasn’t put Katie off getting back on the road. The star vows to buy a new car once her driving ban expires in a few months.

Katie said: "It adds on to my disqualification that I'm already on which means I get my driving license back on the 24th of May...which means I can go car shopping. Let's ban the pink car."

Katie is thought to have ‘blown her 45m fortune’ after several failed businesses, legal battles and high outgoings.

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In other Katie Price news, fans have been given an insight into her relationship with toyboy Kris Boyson. Kris and Katie have been dating for around a year, and during that time have had some explosive ups and downs.

On Wednesday 20 March, Katie live streamed her nightly routine on Instagram but the camera also captured her bickering with Kris.

Kris was reportedly overhead calling Katie a “tramp” and although he bought a takeaway for the family, he allegedly commented that Katie should only have a salad because she “needs to be losing weight”.

In the live stream, which has now been deleted, Kris also apparently added: “People are bored of you, you’re boring them."

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