Simon Gregson, who plays Steve McDonald on Coronation Street, is said to be receiving significant financial support from show bosses. This comes after reports that he faced potentially having to sell his house to pay off a £250,000 debt.
The 51-year-old actor, famous for his role as Steve McDonald in the ITV soap opera, recently announced he’s paying back a £250,000 loan he received from his production company.
He was given three years to settle the debt or risk selling his family home in Wilmslow.
However, it has now been claimed that ITV bosses have handed him a new six-figure deal.
I was so pleased to read that he’s signed a year-long contract! Apparently, it’s worth around £150,000, which is fantastic news and should really help him get back on his feet financially. It’s a huge relief to see him getting this opportunity.
Oh my gosh, you guys, I just heard the BEST news! Apparently, Simon is staying on Coronation Street! A little birdie told me he’s absolutely thrilled, and the people in charge of the show are just as happy to have him! I’m seriously doing a happy dance right now – can you imagine Corrie without him?! It’s just… perfect!
‘It’s a win win situation.’
The Daily Mail has contacted ITV for comment.
Simon shared over the weekend that he’s facing another expensive problem, adding to his existing financial difficulties.
He took to Instagram to share that he was facing yet another eye-watering expense.
The actor, known for his role in a soap opera, was shocked by the extremely high insurance prices he received for his son’s 2010 Volkswagen Polo.
One quote came in at a staggering £7,000 a year, and another one at £4,000.
Sharing his frustration with his followers, Simon said: ‘Moaning from sunny Cheshire.
Even though they’re offering four thousand dollars, it’s way more than the car is actually worth. It doesn’t make sense that the insurance payout would be higher than the car’s value.
‘I’m not great at Maths, but even I know that does not compute. What is that all about?
‘This country, and car insurance, among other financial things, has gone crazy!’
Following reports in the Daily Mail, Simon may be forced to sell his house due to money problems.
The Sun reports that the actor has paid back £18,000 in the past year. However, the liquidator has stated that the remaining debt must be settled within three years using the proceeds from selling his property.
Simon Gregson Productions Ltd. reported that liquidating the company cost £51,000, even though there was a spending limit of £44,000.
Okay, so I’ve been following this whole thing so closely, and I just read the latest report from the liquidators, Begbies Taynor. Basically, they said they got £18,000 paid towards the money the directors owed the company – that’s the overdrawn loan account. And get this, it’s exactly what the agreement said they’d pay! It’s a small win, but honestly, I’m tracking every single detail, and it’s good to see things are moving, even if slowly. I’m so invested in seeing this all resolved!
Because the loan to the company’s directors hasn’t been fully repaid, we couldn’t finish handling this case. As a result, work on it will continue next period.
Daily Mail contacted Simon’s representatives for comment.
The actor recently addressed rumors about a separation from his wife, Emma Gleave, which arose due to a mistake in some legal documents. He was facing financial difficulties at the time and clarified they are still together.
People initially thought Simon and Emma had separated when court papers about money owed mentioned Emma as his ‘estranged wife’.
Okay, so here’s the latest on this whole situation. Apparently, the couple themselves are completely baffled about why reports are claiming Emma is Simon’s estranged wife. They honestly have no clue where that information came from, and it’s definitely a mystery to them!
As a longtime fan, I was so relieved to hear directly that Simon and Emma are definitely still together! Apparently, someone told The Mirror that they haven’t split at all, and Simon himself is completely baffled as to why some official documents are listing Emma as his ‘estranged wife.’ It’s a bit of a mystery, but the important thing is they’re still a couple!
The actor joined Coronation Street in December 1989 at age 15, quickly becoming famous as Steve McDonald, the mischievous teenager viewers loved to watch.
Simon has previously shared that becoming famous from his role on the soap opera negatively impacted his mental well-being.
In an interview with the YouTube channel DEEP, he talked about how being on the show affected him, sharing that it deeply bothers him to think about his own children experiencing similar challenges.
He described how both he and his co-star, Nicholas Cochrane, who played his on-screen brother Andy, became instantly famous. He said it was strange and difficult to process at such a young age, and that they didn’t receive any guidance or support to help them navigate it.
Simon explained that these days, when new actors join the soap opera, they receive a thorough briefing about what to expect. This includes information about dealing with media attention, fan responses, how it might affect their families, and the possibility of facing criticism for their character or performance.
He explained that they received no guidance or support, feeling completely unprepared and abandoned at age fifteen, like being left in the ocean to fend for themselves.
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2026-03-25 05:04