Thursday, 28 August 2008

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Liz McClarnon: Kerry Katona should stop buying Ferraris

Atomic Kitten singer hopes bankrupt former bandmate will be more responsible with money

Liz McClarnon has been pursuing a solo career since Atomic Kitten split

Liz McClarnon predicts that Kerry Katona will be able to recover from her latest money troubles.

The reality TV star was declared bankrupt at the High Court last week for failing to pay a tax bill.

But Liz, 27 – who was in Atomic Kitten with Kerry – reckons the mum-of-4 will bounce back.

'She's a phoenix,' she tells the Daily Mirror. 'No matter what she does, she'll always rise again. I just advise her to stop buying Ferraris.'

Kerry, 27, has splashed out on several sports cars for husband Mark Croft, 37, in the past year.