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Katie Price issues statement after Alex Reid leaks shocking cash counting footage

Katie Price issues statement after Alex Reid leaks shocking cash counting footage

Daily Record16 hours ago
Katie Price has released a statement after her ex-husband, Alex Reid, shared footage of the former glamour model waving around a wad of cash while bankrupt.
Katie Price has released a statement after her ex-husband Alex Reid leaked a video of her waving a handful of cash while bankrupt. In the footage, the former glamour model can be seen lying on the couch, "enjoying counting" the pile of money in front of her as she says: "There's loads here.. I'm just sorting it out."

The 47-year-old, who was left bankrupt twice over debts totalling more than £3m, was asked by daughter Princess, who she shares with ex Peter Andre, if she would help pay her school fees. Price responded: "Your dad can sit on that,' before lifting a middle finger.

Dressed in white jodhpurs and sitting next to a Christmas tree, she asked: 'Does he go on about it a lot? Well it's tough because I'm in bankruptcy to next May now." Katie also refers to a property - 'my London flat' - which she claims to own but which does not appear to have been traced by her bankruptcy trustees.

The footage was shared this week by Price's ex and former Big Brother star Alex Reid, who said in a statement that 'the truth will now be heard'.
It's believed that the one minute and 38 second video, believed to have been filmed in late 2020, has been sent to Price's bankruptcy trustee who continues to 'seek realisations from various third parties'.
After the video was unveiled, Katie released a statement of her own, explaining that the cash in the video did not belong to the Mucky Mansion star, the Mirror reports.
A representative for the star said: "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."
Katie has been bankrupt twice, first in 2019 over debts totalling £3.5m, including £970,639 to HMRC and then again last March over a second £761,994 unpaid HMRC demand for money earned while she was already bankrupt.
Creditors include Reid who is owed £175k in High Court damages and costs he was awarded after Katie allegedly revealed a sex tape of him that he says was filmed without his consent.

Along with the leaked footage, Alex shared a statement saying he was "spearheading a campaign to expose the truth".
He said: "Over the years you have seen countless stories by Katie Price directed at me, Peter, Keiran and others. Today I want to be clear. I am spearheading a campaign to expose the truth.
"This isn't about gossip but about evidence. It's not about rumour, it's about reality. After years of silence, the time has finally come to reveal all.'
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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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