Gordon Ramsey's new f-word is 'finances,' hopefully not 'foreclosure'
Read Full Story
The f-bomb-dropping host of Kitchen Nightmares
and Hell's Kitchen
, Gordon Ramsey, is in a bit of financial hot water, our sister blog, WalletPop UK
, tells us (and he's not the only celebrity chef in trouble lately across the pond). The Scottish chef has 11 restaurants -- one in France just got two stars from Michelin -- but his company is in trouble with the bank that lends it money.
The details of the exact nature of the financial turmoil are not clear, but the bank reported that Ramsay's company had "breached its banking covenants" which the Guardian
notes are promises made to lenders to secure a loan. The paper goes on to say that Ramsay and his chief executive Chris Hutcheson, who is also his father-in-law, "have had to promise to help the company pay its debts if necessary."
Does this mean foreclosure could be coming to the famed chef if he can't work out the repayments? It may be too soon to say, but you probably can get the expletives that Ramsay would have for that.