March 5, 2009
Gordon Ramsay’s kitchen nightmare!
Story link: Gordon Ramsay’s kitchen nightmare!
Gordon Ramsay has built a basic kitchen based concept into a multi million pound dream, a dream that has tripled in profits over the last few years, but has still found itself in major difficulty.
Gordon Ramsay’s kitchen business broke the terms and conditions set out by RBS on a multi million pound loan, which now needs to be renegotiated.
Gordon Ramsay’s kitchen nightmare!
Gordon Ramsay has been forced to promise to cover some of his restaurant group’s debts after it broke promises it made to its lenders.
Despite tripling profits to £3.05 million, the foul-mouthed chef’s restaurant group has been forced to renegotiate a multi-million pound loan with RBS after it breached its banking covenants.
