Lampard loses £1m on family home after split

Frank Lampard will lose £1 million when he sells his London townhouse following his split from fiancée Elen Rives.

The England and Chelsea midfielder spent the money renovating the property he bought in 2005. But the economic crisis means he is being forced to put the Georgian house on the market for £8.5 million, the same price he paid for it.

The semi - just a stone's throw from Chelsea's ground Stamford Bridge - has six bedrooms and six bathrooms and was the main home for the couple and their daughters Luna, two, and Isla, one.

Spanish model Elen insisted on moving there from their Surrey farmhouse because she felt too far from London.

The couple, both 30, were together for seven years but Lampard was caught on two occasions with other women.

Friends of Ms Rives said she had struggled to forgive him and reached a decision to end the relationship while on holiday in Florida last month. The pair are in talks over where she will live.