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Katie Price and Alex Reid set to announce divorce

Katie Price and Alex Reid set to announce divorce

Katie Price and Alex Reid are expected to announce their divorce in the coming days.

Speculation surrounds the couple and they have not yet confirmed the move, but insiders have said it is only a matter of time before they release a statement asserting this is the case.

Some have suggested the break up is imminent and the details of their split are being finalised before their divorce is announced.

The News of the World initially announced that Price and Reid were heading for trouble, with the former glamour model taking to her Twitter account to confirm the rumours.

She wrote: "To answer my fans questions, News of the World did a accurate story Sunday about our marriage in crises (sic)... always look on the bright side xx."

The pair married in Las Vegas last February, less than a year after Price separated from her former husband Peter Andre, whom she met while starring in I'm A Celebrity ... Get Me Out Of Here.

National Head of Family Law at Russell Jones & Walker Amanda McAlister commented: “The split of assets will depend very much on whether the couple organised a pre-nup; when it comes to short marriages, the courts tend to put the parties back into the position they were in at the start of the marriage."

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Posted by Cheryl Bennett