katie’s big money prob­lems

Now (UK) - - Front Page - Words by Han­nah Fer­nando

‘She’s work­ing her­self into the ground’

Af­ter years of book deals, cal­en­dar shoots, re­al­ity shows and per­sonal ap­pear­ances, Katie Price has built an em­pire to ri­val the big­gest names in show­biz. But could her ex­pen­sive spend­ing habits be driv­ing her to the brink of fi­nan­cial melt­down?

Kate’s a busi­ness-savvy woman, no ques­tion, so it’s un­likely that she’s put all her eggs in one bas­ket – but two of her en­ter­prises show that they’re worth less than £100,000 com­bined – could Katie be liv­ing be­yond his means? Af­ter all, Katie’s love of the good life won’t come cheap.

A close friend of the Loose Women star ex­plained: ‘Katie has been a di­rec­tor of loads of com­pa­nies over the years. The ones she’s ac­tive in now don’t seem to be per­form­ing on pa­per, but she’s still spend­ing like she al­ways did.

‘She’s a hard worker and has never been work­shy. She’s go­ing on tour, try­ing to launch a mu­sic ca­reer, do­ing the re­al­ity TV show and shoot­ing a Christ­mas cal­en­dar.’

Not too sur­pris­ingly, Katie’s of­ten tired and that, as with any other cou­ple, can lead to ar­gu­ments with hus­band Kieran Hayler, 30. Our in­sider adds: ‘When they clash about fi­nances, it al­ways comes back to one thing – her ex Peter An­dre made a for­tune and con­trib­uted a huge amount of money to the re­la­tion­ship. Kieran can’t be­gin to com­pete with that.

‘Katie’s al­ways look­ing to make money,’ our source con­tin­ues. ‘She’s just reg­is­tered a new on­line busi­ness called KP Bou­tique to sell clothes and items as­so­ci­ated with her brand. But it’s very early days.’

One of her com­pa­nies, KDC trad­ing, ap­pears to have just £9k of funds left , while an­other, KP Bling, looks to have as­sets of only £100. Ob­vi­ously she has plenty of other busi­ness in­ter­ests on the go, so let’s hope the other ones are still rak­ing in the mil­lions.

The source adds:

‘For years, with all her books, per­fumes and shows, Katie was rak­ing in an ab­so­lute for­tune.

She still does well com­pared to the nor­mal per­son, but you might won­der how well the busi­nesses she’s been a di­rec­tor of re­ally do.’

And Katie, 39, has still got the spend­ing bug – as re­cently as March she forked out £40k for a flash car for Kieran’s birth­day. Run­ning the cou­ple’s home costs over £10,000 a month and there are other enor­mous costs in­volved in her lifestyle, too.

‘Katie’s been putting her­self un­der mas­sive pres­sure to be the bread­win­ner and she works so hard that she’s run­ning her­self into the ground. Kieran can’t make any­thing near the money that Pete was bring­ing in. He feels she’s still liv­ing the kind of lifestyle she could af­ford when she was with Pete.’ For Katie’s sake, we hope those days of earn­ing such enor­mous amounts aren’t a thing of the past…

‘Kieran can’t match Pete’s money’

Katie’s cus­tomised Range Rover cost over £75k. But the spend­ing con­tin­ues... new brand wash­ing A ma­chine

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