Former cage fighter Alex Reid has released footage showing his ex-wife Katie Price handling stacks of cash whilst she was bankrupt, launching what he describes as a campaign to "expose the truth" about the reality television personality.
The video, filmed in late 2020 according to reports, captures Price lounging on a sofa and stating she is "enjoying counting" the money before her, adding "there's loads here... I'm just sorting it out."
Reid announced he is "spear-heading a campaign to expose the truth" about Price, declaring: "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."
The footage has been forwarded to Price's bankruptcy trustee, who continues pursuing assets from third parties.
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Katie Price's ex Alex Reid has vowed to expose the truth
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In the footage, Price's daughter Princess asks whether her mother will contribute towards her school fees and those of her sibling with ex-husband Peter Andre. Price responds: "Your dad can sit on that," whilst raising her middle finger.
When Princess enquires if Andre frequently mentions the fees, Price states: "Does he go on about it a lot? Well it's tough because I'm in bankruptcy to next May now."
The video also captures Price referencing "my London flat," a property that reportedly hasn't been traced by bankruptcy trustees.
Price discusses Reid directly in the footage, claiming she has "extended" her bankruptcy "because Alex Reid wants money from me and he won't be able to get it... he's an a***hole."
LATEST KATIE PRICE DEVELOPMENTS:
Katie Price alongside her ex Alex Reid
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The one-minute and 38-second clip was filmed whilst Price was wearing white jodhpurs and sitting beside a Christmas tree.
Reid watched the leaked footage whilst recording his own reaction, making comments including "this is unbelievable," "she just admitted she lied" and "has my legal team seen this?"
In his video statement, Reid declared: "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."
Price's representative responded that the footage "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 representative stated: "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."
Price faced bankruptcy proceedings twice, initially in 2019 for obligations exceeding £3.5 million, with £970,639 owed to HMRC. A subsequent bankruptcy followed in March last year concerning an additional £761,994 HMRC demand for earnings received whilst already bankrupt.
Alex Reid
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Reid remains amongst Price's creditors, being owed £175,000 following High Court proceedings where he secured damages and costs after Price disclosed a sex tape he maintains was recorded without permission.
Farheen Qureshi, appointed as Price's bankruptcy trustee in April 2023, confirmed to reporters: "Notwithstanding that Ms Price has been discharged from both her first and second Bankruptcies, both Bankruptcies are still live and continuing and, in my capacity as her Trustee, I am seeking realisations from various third parties for the respective Bankruptcy estates."
Alex Reid used to date the former model
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Reid's announcement follows Peter Andre breaking his silence last week after what he described as "sixteen years" of remaining quiet "in the face of repeated lies from my ex-wife and her family."
Andre revealed that Princess and Junior were placed in his care by family courts in 2018, with a legally binding order issued in 2019 to formalise this arrangement.
He referenced court proceedings from 2011 and 2014 where Price was ordered to pay damages for "false claims," stating: "The same falsehoods are being repeated today. Unfortunately, there are many more lies and baseless accusations I have yet to address."
Reports suggest Reid and Kieran Hayler, another of Price's former husbands, are consulting lawyers to prevent their inclusion in a planned Sky documentary about Price's life.