How Katie Price’s luxury lifestyle ‘could leave her ruined’

Katie Price is rumoured to be sailing dangerously close to bankruptcy, but that reportedly hasn’t curtailed her spending habits.

The former glamour model – who was once worth £40million – is apparently hemorrhaging money, splashing out a supposed £2,000 a month just to keep the heating on 24/7.

Despite rumours she’s set to sell her £2million Sussex mansion to stay in the black, she’s still spending £11,000 a month on staff, including a housekeeper, stable hand, gardener and two nannies, claims heat magazine.

On top of of a hefty £10,000-a-month mortgage, she’s also reportedly spending £1,500 on twice-weekly manicures and pedicures, £1,000 on getting her hair done, £800 on massages every other day, £800 on a make-up artist, £400 on facials and £500 on age-reversing treatments.

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And that’s not to mention the apparent £60,000 a year she’s forking out on farm machinery such as a tractor and milking machine, along with a £25,000 annual cosmetic surgery bill.

Mirror Online has contacted Katie’s team for comment, and it follows claims that her earnings have taken a dramatic nose dive in recent months, with the star resorting to selling bundles of her kids’ clothes on ebay for £9.99 a pop.

Last year she dissolved her company Jordan Trading Ltd after it was hit with a £200,000 tax bill, and yesterday her pink Range Rover was spotted being towed away after she was pictured driving whilst banned.

She recently admitted staging explicit pap shots on a holiday to Thailand with boyfriend Kris Boyson but insisted she did so to block photographers from taking their own.

And this all comes as she’s gearing up to take a hit on her finances, with ex-husband Alex Reid suing her for allegedly sharing an indecent video of him earlier this year.

On top of that, she’s also got estranged husband Kieran Hayler to pay off, with the former stripper reportedly demanding a cut of whatever money remains.

And while a social media plug used to earn her thousands, the report claims one advertiser recently paid her with a single pair of knickers.

"Katie has no idea how close she could be to bankruptcy," claims a source, who reckons she’s earning ‘less than a farmer’.

"Her exes demands will only add to this. Her lawyers are fighting numerous battles. Meanwhile she’s constantly ordering stuff online."

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