The Sun reports Terry has coughed up £1.74million to builders - after they sued him over three flash flats he put a ten per cent deposit on.
The England and Chelsea ace, 30, was accused in a High Court writ of refusing to complete the deal when the balance fell due.
Terry's £174,000 downpayment on the pads in a luxury new development amounted to barely a week's wages. The balance was due in April, according to Galliard Homes - but he allegedly refused to stump up for the apartments, which were priced at £660,000, £555,000, and £527,500.
Campbell, 36, is understood to have also settled but action against Wright-Phillips, 29, is thought to be ongoing.