Is Pete Doherty nearly bankrupt?

London, July 12 : The troubled BabyShambles singer has hit yet another rough patch in life - he's nearly run out of money.

The British singer has reportedly not made a buck despite constant touring last year.

Things are said to be so bad that he may have to sign on the dole i.e. take unemployment benefits handed out by the government.

Pete's music company French Dog Blues sadly has only managed to make a mere profit of 3,564 pounds, while the BabyShambles Limited ran up to a loss of 8,030 pounds.

Kate Moss's ex-flame can still take a sigh of relief as Doherty and his band mates are owed an amount of 24,661 pounds which is due to be split between the five, reports the Mirror.

ANI