The Dead Or Alive singer died of cardiac arrest at the age of 57 earlier this month (Oct16), and the singer’s ex-wife Lynne Corlett and ex-husband Michael Simpson were facing an expensive bill after the singer allegedly died penniless. Pete was declared bankrupt in December 2014, and in April 2015 he was evicted from a rented flat for non-payment of over $41,000 (£34,000) in rent.
The You Spin Me Round singer's family and friends initially discussed setting up a crowdfunding page but it was dismissed as "undignified".
However, George, who paid tribute to the star on Twitter soon after his death was announced, has reportedly offered to help in order to alleviate the burden on the star's grieving family.
“It is very sad, but Pete died absolutely penniless and there is no money for a funeral," the source told British newspaper The Sun. "At one point Lynne and Michael were discussing with Pete’s friends about setting up a crowdfunding page to pay for it. But people were not happy about that as they thought it would be undignified for Pete.
“When George got wind of this, he offered to pay for the whole thing straight away. He thinks Lynne and Michael have enough on their plates and wanted to take this concern away from them.”
When Pete's death was announced, George was one of the first to offer his condolences, writing on Twitter: “He was one of our great true eccentrics and such a big part of my life!”
A representative for George was contacted by WENN but declined to comment on the report.