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Celebrity

18th May 2015

Blue’s Lee Ryan Has Reportedly Filed For Bankruptcy

He is the fourth member of the band to do so

Rebecca McKnight

Boy band star Lee Ryan has declared himself bankrupt.

According to reports the Blue singer petitioned for bankruptcy in January. It was then granted in April.

BOREHAMWOOD, UNITED KINGDOM - JANUARY 03: Lee Ryan enters the Celebrity Big Brother House at Elstree Studios on January 3, 2014 in Borehamwood, England. (Photo by Stuart C. Wilson/Getty Images)
Lee entered the Celebrity Big Brother house last year.

He is the fourth and final member of the group to file for bankruptcy after reportedly blowing his £10 million fortune.

A source told The Sun newspaper: “The boys were not extravagant with their money. They made a series of bad investments years ago and have suffered as a result.”

LONDON - OCTOBER 13:  (UK TABLOID NEWSPAPERS OUT) Blue performs tracks from their newly-launched greatest hits album "Best of Blue" at the Scala Electric Cinema on October 13, 2004 in London. (Photo by Dave Hogan/Getty Images)
The boy band had a string of hits.

Blue had a string of hits back in the day including All Rise, U Make Me Wanna, Too Close and Sorry Seems To Be The Hardest Word.

In 2004 Lee and co (Duncan James, Anthony Costa and Simon Webbe) decided to call it a day. However they did reunite briefly for The Big Reunion.