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Gordon Ramsay’s Real Life Kitchen Nightmare! Is His Business Going Bankrupt With With More Than $50 Million Of Debt?!

gordon ramsay money trouble
Chef Gordon Ramsay might be in some seriously hot water right now!
The reality show screamer is reportedly running out of money as his business, Kavalake Holdings, continues to have financial difficulties.
According to recently obtained corporate documents, Ramsay and his partners are facing a loss of over $10 million for the fiscal year! Tack that onto the $50 million dollars of debt they already owed and you might understand why Gordon seems so stressed all the time!
Keep in mind though, these documents only contain figures for Ramsay’s British businesses. The 47-year-old cooking mogul also has over a dozen restaurants running all over the world.
And despite being in the red, auditors who looked into Ramsay’s financial woes are saying things might not be so grim.
One source explained:

“Directors expect the trading environment to remaining [sic] challenging in the near future. The principal measure used to assess performance is operating profit. The company has no significant concentrations of credit risk.”

Meaning Gordo and his group are still making money. They just need to be making more!
Like, a lot more.
Maybe his 12-year-old daughter Tilly can help her dear old dad out? After all, she just signed on to host her own cooking show!
If she yells nearly half as loud as her father, she might be the next big TV star in the family!
Good luck getting your businesses back on their feet, Gordon!
UPDATE:
A spokesperson for Gordon reached out to us, and released this statement:

├óΓé¼┼ôThis is an inaccurate interpretation of the public filings that were reported widely in the media back in May, and any claim that the company is anywhere near bankruptcy is ludicrous. It is standard for the head of the company to deliver loans to expand the business and ensure experiences remain first class, and the Gordon Ramsay Group continues to deliver a strong performance, with growth year on year.”

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Aug 07, 2014 17:36pm PDT

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