A RUBY said to be the multi-million pound prize asset of a company revamping St George’s Square could be worth just £100!

The 4lb Gem of Tanzania was reportedly worth £11m when it was listed as an asset of Wrekin Copnstruction - the firm given the £4m contract.

But when the company went bust in March with debts of more than £20m, doubts were cast on the gem.

Now it is to be auctioned in a bid to recover the huge sums owed to creditors, but could be worth as little as £100.