The 25-year-old Argentine model was dumped by Price, 33, in October after dating for eight months. Penna is said to have turned up at her home clutching a ring and begged for a second chance.
Price is said to have told a friend: “Leandro came to mine on Christmas Day and asked me to marry him. It was a massive shock and completely out of the blue. I don’t know what to do.”
The friend told thesun.co.uk, “For once Katie actually sounded a little guilty. Leo is desperate to get back together with her and doesn’t care she has been pictured out with other men since they broke up. He holds a flame for her and obviously believes asking for her hand in marriage will sweep her off her feet. Unfortunately he does not feature in Katie’s plans.”
However, a spokesman for Jordan said: “She remains single.”