The 'real reason' Alex Reid shared video of ex Katie Price brazenly counting cash is 'revealed' - and the unlikely 'final straw' that made him speak out
The former cage fighter, 50, shared a clip on Instagram on Monday that showed the star, who at the time had been declared bankrupt, counting a wad of notes.
And a friend of Alex has now told The Sun that he decided to post the video online after repeatedly seeing four seemingly innocent words in a string of statements shared by Katie's team last week.
They went onto claim that Alex's work opportunities dried up in the wake of his split from Katie, and he's grown tired of seeing her flaunt a luxurious lifestyle while he lives 'month to month'.
Last week, Katie hit back at her ex Peter Andre after he shared a statement accusing her of 'baseless lies' over the past 16 years.
The statement in question said: 'Kate is in a much better and clear headspace and is at peace with the situation.
'This was in the past, and she doesn't feel the need to bring up tit for tat comments, but more importantly she's dealing with this the right way and it's now in her lawyers hands. Kate will no longer be gaslighted and bullied as she once was.'
Alex's friend said he was 'crushed' when he read the repeated phrase that is ex 'Katie was at peace.'
They added: 'It was those words that touched such a nerve for him, out of everything Katie has said, because the trauma of everything he has been through since the end of his marriage to her is still very raw.
'He feels like Katie just washes her hands of stuff and takes no accountability - saying she is at peace feels so dismissive, hypocritical and absolutely ridiculous.'
They went onto claim Alex has 'game-changing evidence' that will 'change the way people view this sorry saga.'
The source went onto claim that Alex has grown increasingly frustrated with Katie since their 2011 split, after she took a string of public swipes at him, and particularly his cross-dressing alter-ego Roxanne.
Alex also reportedly grew irate at seeing Katie show off a £1700 YSL handbag after jetting back from Turkey following yet another facelift, as well as a Van Cleef and Arpels necklace, which retails for £14,000.
It's also alleged that Katie has not paid a penny of £175,000 in damages and legal costs Alex was awarded after he sued her for showing a sex tape of him on Big Brother spin-off show Bit On The Side without his consent.
Daily Mail has contacted representatives for Alex Reid and Katie Price for comment.
The video Alex shared, which is believed to have been filmed in 2020, shows Katie saying she is 'enjoying counting' the wads of money in front of her during a conversation with her daughter Princess Andre.
There is no suggestion that Katie didn't declare the cash. In the video she brags: 'There's loads here… I'm just sorting it out.'
A representative for Katie Price told Daily Mail: 'This is a video that was shared with Katie's Trustee in Bankruptcy several months ago and Katie has fully complied with the Trustee's investigations into the same.
'The cash featured did not belong to Katie and the property referred to was dealt with in the financial settlement proceedings arising out of Katie's divorce from Peter Andre.
'Katie's Trustee in Bankruptcy is aware of the property and has undoubtedly investigated whether the same ought to be comprised in the bankruptcy estate.'
A source close to Peter also said: 'Peter has seen the video and is totally disgusted, even more so because his young daughter has been involved in it.'
His representatives added: 'Peter will be dealing with this with his lawyers.'
Alongside the video, Alex said: 'For years, I've watched as stories — many false, exaggerated, or deliberately twisted — have been pushed out into the public. Fake news isn't just a headline, it destroys lives, reputations, and families.
'This has been years in the making. Countless hours of collaboration, gathering evidence, and finding the strength to finally stand up and say: enough is enough.
'I have stayed quiet long enough. Now is the time to speak. This isn't about gossip, this isn't about drama - this is about the truth.
'The announcement I'm about to make will challenge the false narratives and shine a light where it has been needed for far too long.
'The time for speculation is over. The truth is about to come out.'
As Alex shared the video on social media, Princess Andre took to Instagram to share a post telling her followers that she's 'got her sparkle back.'
After receiving praise from viewers for her ITV2 documentary series, the influencer shared a video of herself gracing a catwalk in a blue bikini, a moment which in the show she admitted made her feel 'exposed.'
The post featured the text: 'To the girls who are getting their sparkle back.'
She captioned the post: 'Being so honest on the show wasn't easy, but your love and support has meant the world to me.
'Thank you for watching and for all the kind messages.'
Katie later responded to Peter's bombshell statement with a bizarre Instagram post about 'fake Sinners who play the victim' on Friday
It comes after it was reported that Alex and Katie's third husband Kieran Hayler are teaming up and have consulted lawyers in a bid to block Katie from including them in a tell-all Sky documentary.
The three-part show, likely to release next year, is set to delve into the details of her fleeting flings, serious relationships and time in the spotlight.
A source told The Mirror: 'They feel like they have been backed into a corner and have no choice.
'They just want her to stop trashing them, and can't believe she is being given a platform.'
Elsewhere, Katie and ex-husband Peter are currently locked in a bitter feud after he hit out at her 'baseless lies over the last 16 years' in a blistering statement on Thursday.
Katie responded to Peter 's bombshell statement with a bizarre Instagram post about 'fake Sinners who play the victim' on Friday.
Rumours of a 'rift' between Katie and their daughter Princess have been growing in recent weeks after Katie didn't attend Princess's 18th birthday party, or appear on the nepo baby 's fly-on-the-wall ITV television series.
Katie later claimed that it was her daughter's management who had told her not to appear on the show.
In a lengthy Instagram statement, Katie pleaded 'I'm trying to be the best I can' while noting she hasn't 'always been the best mother'.
She wrote: 'Saints and sinners. As we know, in this life we are thought of as Saints and Sinners. I know I will always be a Sinner. That's fair, I allowed myself to fail into reliance on drugs and alcohol.
'At times I was not the mother I should have been while I struggled with mental illness. I have been at times a poor friend, an awful sibling, an an untrustworthy partner. I've self medicated, been unfaithful, damaged myself and those that I love.
'I've had many reasons - I was sexually abused when younger; I've had relationships that have been coercive; and my mental health issues - but I don't want to make excuses.'
Katie continued: 'I've recognised my issues and worked to put them behind me. Sometimes I tried and failed, sometimes I succeeded.
'I've pulled myself out of suicidal spiral because I love my children and want to be there for them.
'I don't pretend to be perfect by any means - but I'm trying to be the best I can. Then there are the "Saints". Some are genuine and some have helped me.
'But some Saints are not who they would have you believe they are. They have a carefully managed image which must be exhausting to maintain.
'Some Saints are fake. They play the victim and to succeed in life they need a villain... or at least a Sinner. Without the Sinner they don't get to be the Saint...
'As a Sinner - I sometimes get bored of these Saints. But maybe I should feel sorry for them, It must be such hard work having to pretend all the time.
'Anyway, all you Sinners keep your heads up and keep trying to be better. All you Saints, it's ok not to be perfect xxx'
Peter shared his side of the story on Thursday, explaining: 'For sixteen years, I have stayed silent in the face of repeated lies from my ex-wife and her family, out of respect for my children and loved ones, but staying silent has been incredibly frustrating. That ends today.
'The latest comments about my children's welfare and living arrangements compel me to set the record straight. For well-documented reasons, and for their safety, Junior and Princess came into my care in 2018 and remained with me until they reached adulthood.
'In 2019, the family courts issued a legally binding order to enforce this arrangement. I have never made this public before, out of respect for my children.'
'In 2011 and 2015, publicly documented court cases found my ex-wife had made false claims. She was ordered to pay substantial damages and legal costs, and to apologise to me and my management. The same falsehoods are being repeated today.
'Unfortunately, there are many more lies and baseless accusations I have yet to address. Those will now be dealt with in the coming months.'
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