Price buys £150,000 dressage horse

Katie Price has reportedly spent £150,000 on a new dressage horse.

The model bought the horse from a Dutch stable and is planning to call it Cross Dresser, according to The Sun.

Price has described horses as her greatest extravagance, but said that she failed to "click" with the previous three she has purchased.

The 31-year-old apparently wants to ride Cross Dresser at December's London International Horse Show.