Gordon Ramsay oversees a hotel and restaurant empire that — like the juicy steaks the obscenity -spewing TV chef’s kitchens — is bleeding lots of red! Catch up on more Gordon Ramsay news here….
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Photo credit: Getty Images
Gordon Ramsay oversees a hotel and restaurant empire that — like a juicy steak the obscenity-spewing TV chef's kitchen — is bleeding lots of red!
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Photo credit: InStar
Confidential financial filings reviewed by
The National ENQUIRER for the celebrity chef’s holding company, Kavalake Limited, reveal the soccer-loving loudmouth’s businesses posted a total loss of $5.56 million for the year ending Aug. 31, 2017.
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Photo credit: Mega
What’s more,
penny-pinching Gordon is closing down his famed restaurant Maze, in London’s Mayfair — and another London property, the York & Albany Hotel, is $18.98 million in the hole! The embattled company owes its creditors a whopping $44.10 million, with only a paltry $255,876 in cash to settle its debts!
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Photo credit: Mega
But it looks like this
kitchen nightmare will only get
worse for the foodie! Buried deep in his company’s financial filings is proof
Gordon personally guaranteed almost $7 million of their credit! “That could be devastating for Gordon,” said our insider. “When you start personally guaranteeing loans, banks can come after you.”
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Photo credit: Mega
Now, the company is trying to square the books, at least in part, by hounding Gordon’s former charity for cash. The filings reveal the since-dissolved Gordon Ramsay Foundation owes $3,680.06 to the subsidiary. “
How low can you go?” asked a source. “Just forgive the debt for crying out loud!”
Gordon Ramsay oversees a hotel and restaurant empire that — like a juicy steak the obscenity-spewing TV chef's kitchen — is bleeding lots of red!
Photo credit: Getty Images
Confidential financial filings reviewed by
The National ENQUIRER for the celebrity chef’s holding company, Kavalake Limited, reveal the soccer-loving loudmouth’s businesses posted a total loss of $5.56 million for the year ending Aug. 31, 2017.
What’s more,
penny-pinching Gordon is closing down his famed restaurant Maze, in London’s Mayfair — and another London property, the York & Albany Hotel, is $18.98 million in the hole! The embattled company owes its creditors a whopping $44.10 million, with only a paltry $255,876 in cash to settle its debts!
But it looks like this
kitchen nightmare will only get
worse for the foodie! Buried deep in his company’s financial filings is proof
Gordon personally guaranteed almost $7 million of their credit! “That could be devastating for Gordon,” said our insider. “When you start personally guaranteeing loans, banks can come after you.”
Now, the company is trying to square the books, at least in part, by hounding Gordon’s former charity for cash. The filings reveal the since-dissolved Gordon Ramsay Foundation owes $3,680.06 to the subsidiary. “
How low can you go?” asked a source. “Just forgive the debt for crying out loud!”
