Despite the fact that the boys are currently on a sell-out tour of Europe following their stint on ITV2 show The Big Reunion, they are officially bankrupt.
News of their financial difficulties has taken band members Lee Ryan, Anthony Costa, Simon Webbe and Duncan James by surprise, with a source saying: ‘There was no warning that the band had money problems. This has come as a complete shock.’
The band split in 2005 and briefly reformed in 2011 for the Eurovision song contest.
Their spokeswoman said: ‘Blue have been open about their recent financial struggles and are restructuring their business model. A new tour starts in October and we have already had to add new dates.’
It sounds like they’ll need all the work they can get!