PETER Andre has called in lawyers after his daughter Princess was dragged into Katie Price's money row with ex Alex Reid.
Alex, 50, last night released a video appearing to show the model counting wads of cash in front of Princess.
Katie, 47, was also seen slamming Peter's wife Emily, and egging Princess on to reveal details of her life at Pete's.
The mum-of-five branded Emily and her two children "irrelevant" and encouraged Princess to agree with her.
A source close to Peter said: "Peter has seen the video and is totally disgusted, even more so because his young daughter has been involved in it."
A rep added to the Mail: "Peter will be dealing with this with his lawyers."
In another shocking moment from the video which is believed to have been filmed in 2020, Katie is seen sitting with Princess, then 12, and holds up her middle finger.
She tells Princess: "Your dad can sit on that".
Katie can be heard quizzing Princess about what her dad Peter says about her paying private school fees.
Laughing, she continues: "Does he go on about it a lot? Well it's tough because I'm in bankruptcy to next May now."
Princess replies, "why" and Katie says, "because I extended it."
She is also heard talking about a London flat in the clip.
A spokesperson for Katie said: "This is a video that 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 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.
"Katie's Trustee in Bankruptcy is aware of the property and has undoubtedly investigated whether the same ought to be comprised in the bankruptcy estate."
Katie married MMA fighter Alex in Las Vegas in February 2010, but the pair split the following year.
He was one of her creditors named in her bankruptcy, and was owed £250,000.
Alongside the video he shared, Alex told his followers: "For years, I've watched as stories — many false, exaggerated, or deliberately twisted — have been pushed out into the public. Fake news isn't just a headline, it destroys lives, reputations, and families.
"This has been years in the making. Countless hours of collaboration, gathering evidence, and finding the strength to finally stand up and say: enough is enough.
"I have stayed quiet long enough. Now is the time to speak. This isn't about gossip, this isn't about drama — this is about the truth.
"The announcement I'm about to make will challenge the false narratives and shine a light where it has been needed for far too long.
"The time for speculation is over. The truth is about to come out."
It comes after Peter also accused her of making "baseless accusations" against him, and claimed their children Princess and Junior have been in his care since 2018 'for their safety.'
Revealing his own plans to take legal action, Peter said: "Unfortunately, there are many more lies and baseless accusations that I have yet to address. Those will be dealt with in the coming months."
Another of Katie's ex's Kieran Hayler, 38, is said to be consulting lawyers in a bid to stop her explosive Sky documentary airing next year.
Now Kieran and Alex are in contact via an intermediary after a tell-all documentary was announced.
A spokesman for the mum of five told The Sun: "Kate is in a much better and clear headspace and is at peace with the situation.
"This was in the past and she doesn't feel the need to bring up tit for tat comments, but more importantly she's dealing with this the right way and it's now in her lawyers hands.
"Kate will no longer be gaslighted and bullied as she once was…"
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