Katie Price strapped for cash after spending THOUSANDS on gifts for new beau Kris Boyson - 247 News

She's been inseparable from new boyfriend Kris Boyson following the breakdown of her third marriage to Kieran Hayler.And Katie Price is reportedly running out of cash since she embarked on their relationship after spending thousands of gifts for her new man.The former glamour model, 40, has been linked to the personal trainer, 29, since early May, but has already splashed the cash to 'stop his eyes from wandering' according to Closer Magazine.According to the insiders, Katie traveled with the hunky beau to Belgium for her 40th birthday, and then forked out again for another holiday to South After later in the year.Katie is supposedly spending eye-watering amounts of money to try and seem more desirable as a single mum of five, and has already dished out £300K on lavish gifts and invested in his fitness business.One of the more expensive gifts she's lavished on Kris reportedly includes a reported £250k vintage Lamborghini Countach.A source told the publication: 'Katie's completely smitten with Kris but she's also incredibly insecure and petrified his eyes are gong to wander.'She's forked out £8k on flash watches, cufflinks and jewellery for him, as well as spending on his business.'He made a comment last week that he'd love to visit South Africa and hours later she'd paid for a safari for the two of them later this year.' Katie often shares her elaborate gifts and treats for her and her family, and recently shared a snap of her sat inside a soft-top car with a mountain of shopping bags surrounding her.'How much more shopping could I squeeze into [this] mini today lol #lucky kids #spoilt kids today'.The reality star's relationship with her toyboy beau seems to be going from strength to strength after they met at Sheesh nightclub in Essex in May.Katie was previously left heartbroken by the infidelity of her third husband Kieran Hayler, from whom she finally split this year, despite taking him back after cheating with one of her best friends.The new couple were recently pictured holding hands while out in his Kent hometown, just days after they enjoyed a romantic trip to Belgium for her 40th birthday.Katie also shared a photograph of a bouquet of red roses with a bottle of fizz which appeared to have been bought by her new love interest on the social media platform.She captioned it as: '40 perfect roses [rose emoji] with sparkles in the middle for my 40th from someone who's actions speak louder than words (sic)'.Katie has since revealed on her Instagram that she has been 'to hell and back' and has hinted at the 'truth' about what has really been going on in her life recently.It comes after The Sun reported Peter Andre had banned her from spending time with their children, Princess Tiami, ten, and Junior, 12, due to her 'out of control' antics.A source told the publication that Peter, 45, has refused to return the kids to the Loose Women star following the recent school break, as their relationship is at 'an all-time low'.The insider detailed the pair