Friday, June 21, 2024

Kevin Spacey breaks down in tears as he reveals he doesn’t have any money and is being forced to sell his house after high-profile sexual assault court case

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Kevin Spacey tonight breaks down in tears as he reveals he does not have any money and is being forced to sell his home.

The disgraced Hollywood actor tells Piers Morgan Uncensored that he is on the brink of being declared bankrupt after having to pay millions in legal fees to battle a high-profile sexual assault court case. 

In the bombshell interview airing at 8pm on YouTube, Spacey, 64, reveals his home in Baltimore is being put up for auction as he no longer can afford to pay the bills. 

Asked where he is living now, he says: ‘So the answer to that question is, I’m not quite sure where I’m going to live now, but I have been in Baltimore since we started shooting House of Cards there.’

He has twice dodged bankruptcy since being cut off by Hollywood after allegations were made against the double Oscar winner of sexual misconduct in 2017. 

Kevin Spacey tonight breaks down in tears as he reveals he does not have any money and is being forced to sell his home

The disgraced Hollywood actor tells Piers Morgan Uncensored that he is on the brink of being declared bankrupt after having to pay millions in legal fees

The disgraced Hollywood actor tells Piers Morgan Uncensored that he is on the brink of being declared bankrupt after having to pay millions in legal fees

Streaming giant Netflix also dropped Spacey for breach of contract. He was ordered in 2021 by an arbitrator to pay nearly $31 million to the studio that made the hit Netflix show, House of Cards.

Piers Morgan’s bombshell interview with Kevin Spacey 

Morgan: ‘Where are you living now?’

Spacey: ‘Well, it’s funny you asked that question, because this week, where I have been living in Baltimore, is being foreclosed on. My house is being sold at auction.’

Morgan: ‘Really?’

Spacey: ‘So I have to go back to Baltimore and put all my things in storage.’

Morgan: ‘Really?’

Spacey: ‘So the answer to that question is, I’m not quite sure where I’m going to live now, but I have been in Baltimore since we started shooting House of Cards there.’

Morgan went on to ask why the house was being foreclosed, he replied: ‘Because I can’t pay the bills that I owe.’

Morgan: ‘Are you facing bankruptcy?’

Spacey: ‘It’s been a couple of times when I thought I was going to file, but we’ve managed to sort of dodge it, at least as of today.’

Morgan: ‘How much money do you have?’

Spacey: ‘None.’

Morgan: ‘Really?’

Spacey: ‘Well I mean, you have some sense of legal bills. I still owe a lot of legal bills that I have not been able to pay.’

Morgan: ‘You’re actually in debt?’

Spacey: ‘Yes.’

Morgan: ‘Do you mind me asking how much you owe?’

Spacey: ‘It’s considerable.’

Morgan: ‘Millions?’

Spacey: ‘Many millions, yes. The house itself is many millions.’

Morgan: ‘What are you going to do?’

Spacey: ‘Get back on the horse.’

But in February he agreed a settlement with Media Rights Capital (MRC) to pay $1 million. 

And Spacey reveals in the interview with Mr Morgan he is virtually now penniless and owes ‘many millions’.  

‘Well I mean, you have some sense of legal bills,’ he says. ‘I still owe a lot of legal bills that I have not been able to pay.’

Spacey was one of the most recognised faces in Hollywood until allegations of sexual misconduct were made.

In July last year Spacey faced trial at Southwark Crown Court over nine sexual offences charges in a case involving four men. He vehemently denied their claims and the jury acquitted him of all charges.

Spacey said he was ‘humbled’ after being cleared of sexual assault in a high-profile trial that saw Sir Elton John give evidence in his defence.

 He was fired from Netflix series House of Cards in 2017 after being accused of molesting actor Anthony Rapp when he was 14 and Spacey was 26.

Spacey was found not liable during a civil trial in New York in 2022, with the jury concluding that the event had not taken place.

Spacey won two Academy Awards as best supporting actor for The Usual Suspects in 1996 and best actor in 2000 for American Beauty, which also secured him a Bafta for leading actor. 

Last month he emotionally vowed that he ‘won’t give up on acting’ after fresh allegations were made against him in a Channel 4 bombshell documentary.

The star accused the broadcaster of ‘having an agenda’ in deciding to go ahead with airing its two-part film, Spacey Unmasked.

The documentary featured previously unheard testimonies about the actor’s alleged inappropriate behaviour.

Spacey appeared close to tears and his voice started to break during an emotional interview this week as he defiantly vowed not to give up on a return to Hollywood. 

A raft of A-listers – including Liam Neeson and Sharon Stone – have rallied around the Oscar-winning star to call for an end to his ‘seven year exile’.

Speaking to The Telegraph, he admitted he had behaved poorly and done inappropriate things in the past.

But he said he had been focused on growing and becoming a better person in the last seven years.

In the bombshell interview, Spacey reveals he is virtually  penniless and still has legal bills to pay

In the bombshell interview, Spacey reveals he is virtually  penniless and still has legal bills to pay 

Kevin Spacey addresses the media gathered outside Southwark Crown Court after being found not guilty of sexual offences between 2001 and 2013

Kevin Spacey addresses the media gathered outside Southwark Crown Court after being found not guilty of sexual offences between 2001 and 2013

Pictured: Spacey outside Southwark Crown Court in July 2023 after being found not guilty of sexually assaulting three men

Pictured: Spacey outside Southwark Crown Court in July 2023 after being found not guilty of sexually assaulting three men 

The two-time Oscar-winning actor has defiantly vowed not to give up on acting after being in 'exile' for seven years (Spacey pictured in Los Angeles in 1996 after winning best supporting actor for his role in The Usual Suspects)

The two-time Oscar-winning actor has defiantly vowed not to give up on acting after being in ‘exile’ for seven years (Spacey pictured in Los Angeles in 1996 after winning best supporting actor for his role in The Usual Suspects)  

Speaking to Piers Morgan Uncensored, the double Oscar winner said he is now on the brink of bankruptcy due to his million-dollar legal fees and has been forced to sell his home

Speaking to Piers Morgan Uncensored, the double Oscar winner said he is now on the brink of bankruptcy due to his million-dollar legal fees and has been forced to sell his home

Spacey starring alongside Mena Suvari in Sam Mendes' 1999 Hollywood film American Beauty

Spacey starring alongside Mena Suvari in Sam Mendes’ 1999 Hollywood film American Beauty

He picked up the Best Actor Oscar in 2020 for his role in American Beauty playing Lester Burnham, a man going through a midlife crisis

He picked up the Best Actor Oscar in 2020 for his role in American Beauty playing Lester Burnham, a man going through a midlife crisis

Spacey was one of the most recognised faces in Hollywood until allegations of sexual misconduct were made in 2017, with streaming giant Netflix cutting ties with the actor

Spacey was one of the most recognised faces in Hollywood until allegations of sexual misconduct were made in 2017, with streaming giant Netflix cutting ties with the actor

Kevin Spacey broke down in tears at times during an emotional interview with The Telegraph

Kevin Spacey broke down in tears at times during an emotional interview with The Telegraph 

Liam Neeson (pictured in 2014 movie Non-Stop) is calling for Spacey to be allowed to resume his Hollywood acting career after being cleared of sexual assault charges

Liam Neeson (pictured in 2014 movie Non-Stop) is calling for Spacey to be allowed to resume his Hollywood acting career after being cleared of sexual assault charges

Defending Mr Spacey, Sharon Stone said she ‘can’t wait to see Kevin back at work’

‘If anyone thinks that I don’t sorely regret the mistakes that I have made or the choices I’ve made or that I hurt anyone along the way then you aren’t aware of the personal work that I have been doing for the last seven years,’ he said.

Appearing to be close to tears, his voice started to break as he continued: ‘If anyone thinks I’m going to give up on acting they have got me wrong on all counts.’

Defending Spacey, Sharon Stone said she ‘can’t wait to see Kevin back at work’.

‘He is a genius. He is so elegant and fun, generous to a fault and knows more about our craft than most of us ever will,’ she told the Daily Telegraph.

The Basic Instinct star, 66, said it was clear aspiring actors had ‘wanted and want to be around him’.

Liam Neeson also gave a glowing testimony of Spacey’s character.

‘I was deeply saddened to learn of these accusations against him. Kevin is a good man and a man of character,’ he said.

‘He’s sensitive, articulate and non-judgemental, with a terrific sense of humour. He is also one of our finest artists in the theatre and on camera. Personally speaking, our industry needs him and misses him greatly.’

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