The Wanted Reveal: 'We Are Skint'

The Wanted have revealed that despite all their US success, they are "skint."

According to One Direction, who are thought to be worth around £100million.

Jay McGuiness told the tabloid: "We met our accountant the other day. It was so depressing. It took him two hours to say: ‘Boys, you’re skint'."

Their hit single Glad You Came may have shifted three million copies in the US - just like 1D's track What Makes You Beautiful - but it was penned by three music industry insiders, meaning Max George and Co don't see any of the cash.

After being told that One Direction are still "worth millions", Max replied: "They are, we’re not.”

Earlier this week, the lads exclusively told MTV.co.uk that they plan to confront 1D over rivalry rumours, with Tom Parker now addressing their supposed feud on Alan Carr's Chatty Man.

Parker said: "It is hardly Blur versus Oasis", with Max adding: "I don't think they have anything to be upset about, they are absolutely smashing it."

Tom then concluded: "They are the biggest band in the world."

WATCH MTV'S EXCLUSIVE LIVE SESSION WITH THE WANTED HERE!