Katie Price wants to become a pub landlady to make back her millions – and is already looking for one to buy

KATIE Price wants to become a pub landlady to make back her millions, and is already looking for one to buy.

The Sun Online can exclusively reveal that the 41-year-old star has star is even willing to move abroad to fulfil her dream of being a pub landlady as she scrambles to pay back her debts.

The mother-of-five has been forced to pay creditors over £12,000 a month in a bid to clear her £2.1million debt, and friends say that paying out has inspired Katie to consider a whole other career.

A source told us: "Katie's been emailing friends in the hospitality business and asking them if they've heard of any small countryside pubs that are selling up.

"Katie has always fancied herself as a bit of a landlady. She pictures herself working behind the bar as the kids play in the beer garden."

The insider went on to reveal that this is by no means a new dream for the former glamour model, with Katie previously considering opening a wine bar with her ex-husband Peter Andre, who she split from in 2009.


They continued: "Going all the way back to when she was married to Pete, Katie's always had the dream of buying a restaurant or wine bar to open – there was talk of her and Pete opening somewhere in Cyprus for a while.

"She’d have to hire people to run it, but she would love a place to entertain her family and friends.

"If the right location and venue she’d jump at it. She’d even consider somewhere abroad, a bar in Spain in an area popular with tourists, to trade on her name.

"At the end of the day, she’s a businesswoman and she knows what makes money."

The Sun Online has contacted Katie's rep for comment.

Documents previously showed the Loose Women presenter, who was once worth £45million, had racked up the staggering £2.1million debt, despite staving off bankruptcy.

An agreement with her creditors that was made in March of this year now means that if Katie hasn’t kept up with her payments after four years, her nine-bedroom mansion will be forcibly put up for auction to cover the debts.

Files sent to Companies House, where firms are registered, revealed the agreement after her company, Jordan Trading, went into liquidation.

The agreement means she avoided declaring bankruptcy, although the same files show that from February 2018 to last month, she paid just £27.96 to creditors.

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.

The star is thought to have blown her fortune on partying, surgery and holidays over the years.

At the start of the year, The Sun Online revealed that Katie planned to become a millionaire once again in 2019.

A source told us at the time: "She’s self-made and thinks she’ll be a millionaire again by Christmas. She’s a hard worker and wants to be back to her former glory."

Earlier that same month, Katie was unable to pay a £1,295 court fine after she was banned from driving again for three months.

Katie had been found guilty of being nearly twice the legal limit while in charge of her £75,000 pink Range Rover.

The reality star was "vomit-covered" as she was arrested in the stationary car on October 10 in Greenwich after partying at toyboy lover Kris Boyson's 30th birthday bash.

Katie was first banned from driving for six months in February last year after being caught speeding.

She was pictured breaking the ban in July, turning herself in to the authorities for driving two weeks before she was legally allowed to do so.

Katie's disqualification was extended as a result, and furthered even more following the incident in October.

The star denied drink driving in court, insisting at the time: "I was never drink driving. There was no evidence at all of me drink driving. I rest my case on that.

"I was convicted because I had the keys. I was given a chance of having ten points in my license or to be disqualified for three months."

She argued that a "mystery man" was driving the car when it crashed into a bush and another car last year, but the judge said that she was not a "credible witness".

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