Kevin Spacey breaks down in tears as he reveals he has no cash

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. 

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.

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.

‘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.’