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Is THIS why Pete Wicks is doing Strictly? Star's two businesses have gone bust with £1million debt ahead of his surprise stint on BBC show
The former TOWIE star, 36, had shut down two businesses after they racked up £1million of debt before signing up to Strictly Come Dancing.
The liquidation report published in March this year revealed the company, which was set up to manage his income, owes a total of £180,426 - and it doesn't have any assets to pay the debt back. But in December 2022, the reality star and Jake withdrew as directors - a month after the full accounts were published revealing the firm was £796,258 in the red. Pete, 36, signed up for the show after it emerged that the presenter, 27, was physically and verbally abused by her professional dance partner Graziano Di Prima while taking part in the competition last year.
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