Sarah Ferguson claims she is "continually on the verge of financial bankruptcy".

The Duchess Of York makes the startling confession in the first episode of her new six-part documentary series 'Finding Sarah' - which is being broadcast on Oprah Winfrey's television network OWN - and also revealed she is struggling to repay three personal friends and three businesses she owes money.

Speaking on the show, she said: "I don't really understand finances at all ... At the moment I'm just worried about paying off people that need to be paid off. There's three firms and three personal friends."

Sarah - who is being paid £200,000 for participating in the series - claims her money worries have arisen since she was exposed last year offering an undercover reporter access to her ex-husband Prince Andrew for £500,000.

She said: "I lost all my jobs, I lost all my staff, I lost everything. I've tried very hard not to go into financial bankruptcy."

The 51-year-old redhead admits her former spouse - with whom she has two daughters, Princess Beatrice, 22, and Princess Eugenie, 21 - has been a great help to her and even lets her live in a wing of his official residence, Royal Lodge in Windsor Great Park, for free.

She said: "If I didn't have him, I'd be homeless."