Duncan Bannatyne’s divorce has cost him so much he can’t afford to invest in Dragon’s Den businesses

Poor Duncan: Bannatyne's divorce drama
Poor Duncan: Bannatyne's divorce drama

Duncan Bannatyne claims he has not got enough money to invest in new businesses after his divorce. The Scot may no longer be able to say “I’m in” after settling up with ex Joanne.

While not exactly on his uppers, the tycoon businessman has admitted he paid a high price.

Speaking to the Mail Online, he said: “I’m not looking at expanding my businesses or investing in anything as, because of the divorce, I can’t.

“It’s costing a lot and I can’t predict the effect on my finances.”

In his role in the Dragon’s Den he – alongside other key entrepreneurs – rates hopefuls’ business ideas with a view to investing.

But not having enough money casts doubt on his future with the BBC show.

However, his spokesman insisted he would be taking part in the next series as usual.

Bannatyne, 62, was born in Clydebank and went on to make a fortune in health clubs, hotels, bars and property.

He blamed the lawyers for taking most of the money in the domestic battle saying: “Both of our lawyers are costing me a fortune. My issue is that this is my children’s money that’s being taken. The money is going on nothing right now and that should be for my children’s futures.”

He married second wife Joanne in 2006. He has six children, two with Joanne.

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