Katie Price wants to turn messy mansion into a wedding venue in effort to swerve bankruptcy
KATIE Price wants to turn her messy mansion into a wedding venue in an effort to make more money.
The cash-strapped 41-year-old, who has been married three times, has already started extensive renovations to the Sussex mansion and believes she knows just what is needed to create a dream wedding space.
An insider told The Sun Online: "Katie's house and grounds could be beautiful, and she thinks it'll make a perfect wedding venue when it's finished.
“After all, who knows more about getting married or weddings than Katie?
“She's planning a huge overhaul to make it look like the dream wedding venue, with rooms for the bride and groom to stay in.”
Builders moved into Katie’s eleven bedroom house last month despite her being broke – and she drafted in a team to get the house painted and looking good as new.
The house in Horsham, West Sussex, costs Katie around £10,000 a month to maintain.
The mum-of-five has faced financial problems over the past few months and narrowly avoided bankruptcy last year.
Liquidators have been brought in to break up Jordan Trading Ltd – which handled cash from a range of products including clothing and perfume lines – with Katie owing a total of £2.1 million.
A liquidator’s report into Jordan Trading shows that Katie took out a £154,000 loan from the firm before it went belly-up which she cannot repay and she also owes the tax man £192,000.
Her conduct as the firm’s sole director is being looked at by a government department.
If any wrong-doing in the running of the outfit is discovered she risks being banned from being a company director for up to 15 years.
Katie, who split from her third husband Kieran Hayler last year, avoided bankruptcy at a High Court hearing in December, when she was allowed to enter into the Individual Voluntary Arrangement, a deal to pay back some of her debts.
Jordan Trading was set up in 2003 and at the height of her earning power ten years ago.
Katie's rep declined to comment when contacted by The Sun Online.
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