Mike Tyson has no regrets over splurging during career

Boxing legend Mike Tyson has admitted that he has no regrets over splashing the cash during his tumultuous career.

The 47-year-old, who has struggled with drug abuse in the past, declared bankruptcy in 2005, claiming that he racked up around £13.6m in debt.

"I didn't spare any quarters any nickels or dimes either," Tyson said at the Tribeca Film Festival. "I'm not regretful for that whatsoever.

"I had a 9th grade education, but my kids go to Ivy League schools. I'm dumb as shit but I did something right. I am a better parent than my mother and my father and that's a victory in itself."

The former world champion has seven children.