Katie Price, Alex Reid plan £3m second wedding

London, (ANI): Katie Price and Alex Reid are reportedly planning a second big wedding to be covered by a TV channel and magazine for 3million pounds.

In fact, the bash may overshadow Jordan's 250,000pound-wedding to Peter Andre in the past.

"They are desperate to crack the US - the Las Vegas wedding was a means to an end for them," the News of the World quoted an insider as saying.

The source added: "They have struck a deal with a magazine and ITV for a 3million pound wedding in the summer which will be massive.

"They're looking at a couple of places for the venue - one is in a large marquee in the Surrey area close to where she lives."

Another source added: "This is going to be THE showbiz wedding of the summer.

"It will be the big money-spinner Katie needs to get her business empire back on track."

Reid recently won the Celebrity Big Brother.