Home » TV & Movies » Skint Katie Price wears £500 Balenciaga trainers and Gucci handbag amid financial crisis during rainy day in London

Skint Katie Price wears £500 Balenciaga trainers and Gucci handbag amid financial crisis during rainy day in London

This week it was revealed the 40-year-old and her team have been given 12 weeks to find a way to repay her debts or she will risk going bankrupt.

Although this may be weighing heavily on her mind, Katie still donned her best designer clobber for a day out in London.

She was spotted being ushered into a building by two female pals who tried to cover her from the rain.

On her feet she wore the pricey designer trainers and one of her mate proudly displayed her Gucci handbag for the photographers.

It’s the first time Katie has been seen since it was revealed her eldest children Princess and Junior would remain with their dad Peter Andre while she works through her financial issues.


At this moment in time, the 40-year-old is still working through her divorce from Kieran Hayler.

On top of this, she has just 12 weeks to work out a way to pay off her crippling debts or she could face bankruptcy, and last week had bailiffs at the door of her mansion in West Sussex.

An insider told The Sun Online: “Katie’s life is a bit of a mess at the moment and she needs to focus on getting back on top of her finances to create a stable home life for the children.

“Katie has been informed that Princess and Junior will be staying with Pete and his family for the rest of the holidays while she sorts everything out.

“She’s got a lot going on with her divorce, the bankruptcy – she’s even had bailiffs at the door. It’s a lot to take on.

“She can see the children when she wants but it has to be arranged and planned in advanced.


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