Former Celebrity Big Brother and Love Island star Calum Best has £250,000 of unpaid debts, it has been revealed.
The 43-year-old son of late footballer George Best started up a media firm called Trouble to Triumph when he appeared on CBB for the first time in 2015.
But according to The Sun, Calum appointed liquidators to close the failing business in 2022.
The liquidators reportedly found an unpaid £85,625 tax bill as well as a £48,971 director's loan.
It was agreed based on his financial situation that Calum will pay just £60,000 of the £250,000 he is said to own, in monthly instalments.
Former Celebrity Big Brother and Love Island star Calum Best has £250,000 of unpaid debts, it has been revealed
The 43-year-old son of late footballer George Best started up a media firm called Trouble to Triumph when he appeared on CBB for the first time in 2015 (Pictured on Love Island)
Liquidators told the publication: 'Following substantive correspondence with the director, and in consideration of his current financial means, a full and final settlement of £60,000 has been agreed.
Calum has made several appearances on major TV shows, including SAS: Who Dares Wins, Celebrity Love Island and Celebs Go Dating.
However he previously said that he hated starring in reality TV shows, saying in 2017: 'I wouldn’t be doing f***ing reality TV if I didn’t need to… I do these things as I need to earn a living.'
In January, Calum was cleared of sexually assaulting a British holidaymaker at Wayne Lineker's Ibiza beach club.
The three trial judges ruled Spanish state prosecutors had not done enough to convince them Calum had forced his alleged victim to put her hand down his shorts and onto his penis as she claimed in her court testimony.
They pointed to the lack of 'external corroboration' of the tourist's version of events and questioned why a female friend with her at the time and a security guard she said she had sought help from were not called to give evidence.
Calum, the 2006 Celebrity Love Island winner who has also starred in two series of Celebrity Big Brother, protested his innocence from the dock.
In an Instagram Stories message alongside part of a news report confirming his acquittal, he wrote: 'The truth prevails. I have been acquitted and won my case. Thank you everyone for all your messages of support.'
According to The Sun, Calum appointed liquidators to close the failing business in 2022
In an Instagram Stories message alongside part of a news report confirming his acquittal, he wrote: 'The truth prevails. I have been acquitted and won my case. Thank you everyone for all your messages of support.'
He finished the emotional post off - which was imposed over a scenic image of a lake and rolling hills in the distance -with a heart emoticon.
Californian-born Calum, now based in the UK, was arrested late on April 22, 2022 after leaving the O Beach club in the Ibizan party resort of San Antonio.
He was held in custody for around a day before being released but told he would continue to be investigated.
He was charged after a lengthy behind-closed-doors probe and told to report for trial last Tuesday at the Audiencia Provincial court in the Majorcan capital Palma.
His female accuser gave evidence via video-link from the UK.
She claimed Calum, the current chairman of Dorking Wanderers FC women's team, sexually assaulted her by putting her hands down his shorts and onto his penis after telling her: 'I've got something for you, close your eyes.'
Calum Best is seen in court in January. The three trial judges' decision to acquit him is understood to have been unanimous
The reality TV icon and son of legendary footballer George Best was facing a prison sentence of up to three years if convicted
Referring to the security guard she said she raised the alarm with at O Beach club, the tourist recalled: 'He asked if he was one of Wayne Lineker's friends and when I said "yes" he laughed, said this happens all the time and told me he wasn't going to call police.'
Best's defence lawyer Jaime Campaner told the judges at his trial they should acquit his client after the legendary former Manchester United star's son took the defence stand to insist he had done nothing wrong and had travelled to Majorca 'to clear his name.'
In their acquittal decision the judges highlighted the lack of 'external corroboration' of the female tourist's version of events, confirming the CCTV images available had not offered information backing her claims.