Kerry Katona's husband gets a £20,000 Mini Cooper rally car while she struggles to pay the mortgage
By
Daily Mail Reporter
Last updated at 10:01 AM on 01st December 2008
Kerry Katona's husband Mark Croft bought a new Mini Cooper this week, said to be worth £20,000 - despite the fact that his wife, who stars in Iceland's television advertisements, is struggling to pay her £1million mortgage.
The new car, which has been customised in order that Croft, who controls his wife's finances, can use it for rallying, joins a fleet of expensive motors owned by the couple.
Katona's £5,000-a-month mortgage repayments are the latest in a string of both financial and personal difficulties.
The Mini Cooper, customised for rallying, squeezes onto the couple's driveway loaded with expensive cars
Friends of the former Atomic Kitten, 28, who is battling an alcohol addiction, reveal that she has been crying over fears that she could lose her five-bedroom home in Wilmslow, Cheshire, which she bought two years ago for £1,225,000.
'Kerry doesn’t know how on earth she is going to pay the bills. Two years ago she was raking in £2 million a year - but now she is barely earning a penny,' said one.
'At the moment she’s keeping afloat and even continuing to pay Mark wages for looking after her finances and being her chauffeur.
'He is like a kid, why would you buy yourself a Mini when your wife is in financial meltdown?
'She has already been declared bankrupt and now they could lose the roof from over their heads.'
The mother-of-four declared bankrupt in August this year over an unpaid tax bill. Now the star's £250,000 Iceland deal is already in jeopardy following an appearance on This Morning in which she appeared to be drunk.
Katona, whose career was revived after an appearance on 'I'm A Celebrity... Get Me Out Of Here!', has already lost a lucrative magazine column, while her fly-on-the-wall television show, Crazy In Love, has also been cancelled.
Spend or save: Kerry Katona with husband Mark Croft
To add to her problems, ex-husband, former Westlife star Brian McFadden is currently fighting for custody of their daughters Molly, seven, and Lilly Sue, five, threatening the maintenance payments that she currently receives.
'It seems stupid to be splashing out on luxuries when your wife is in utter chaos,' the source continued.
'She has barely any savings left and once they’re gone she won’t be able to pay the mortgage.
'She has stripped off for a mag just to make some cash. But she can only do that a couple of times and the money won’t be enough to stop her from sinking.'
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Come on, HMRC! Grab the car to settle at least some of the already much-reduced tax bill that is due from this woman!
I thought this woman was 'bankrupt'! 15k on plastic surgery and now a 20k mini!! - its nice to see her ever so caring husband has his proirities right!... hum a roof over your head or a new car!! More fool Kerry!!
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Hang on a minute, she is a grown woman who has a mind of her own. If she chooses to let him get away with these things then more fool her.
These people who have been used to so much money simply have no monetary values at all - £1m mortgage? This just shows how complacent and stupid they are
- flicity, uk, 01/12/2008 16:34