Originally Posted by Zorak
Which would explain why he's selling himself out in the US for TV dollars
Re: Hell's Kitchen 10
Which would explain why he's selling himself out in the US for TV dollars
Re: Hell's Kitchen 10
I had read that somewhere also but I was wondering if it was bunk because he is still opening new restaurants. I dont know how he can get credit to do that if hes in so much money trouble, youd think a bank wouldnt see that as a good loan risk
Re: Hell's Kitchen 10
Most restaurants with Celeb chefs name's attached don't use bank money. They have private investors. Rich dudes who want attention and glory for saying they are partners with "Celeb Chef" Lots of people have lost their asses falling for this, yet it happens again, and again, and again.
What I have heard of Ramsey's money troubles are more personal than professional.
Re: Hell's Kitchen 10
dont finances kind of go hand in hand with personal and professional or is that in direct correlation with private investors also? I didnt know that about the private financing but that makes great sense now
Re: Hell's Kitchen 10
Gordon has been doing Kitchen Nightmares for five years now, so I do not think he is hard up for cash; but I do not know what his salary is and how his restaurants are doing. but you would think he has either a good staff at his restaurants and their is no market or maybe he has some personal issues going on....
Re: Hell's Kitchen 10
this was from Wikipedia:
Gordon Ramsay holdings
All of Ramsay's business interests (restaurants, media, consultancy) are held in the company Gordon Ramsay Holdings Limited. Run in partnership with his father-in-law Chris Hutcheson, Ramsay owns a 69% stake valued at £67 million.[37]
Whereas previous ventures acted as a combined consultant/brand, in November 2006 Ramsay announced plans to create three restaurants in the United States in partnership with private equity firm Blackstone Group, who are refurbishing each of the chosen hotels into five star locations at a cost of £100 million per hotel. At an investment of £3 million per restaurant for the 10-year lease, all the restaurants offer the chef’s trademark modern European cuisine, and opened in 2006/2007 at:
- Gordon Ramsay at the London Hotel in Manhattan, New York, October 2006[26]
- Gordon Ramsay at the Cielo in Boca Raton, Florida
- Gordon Ramsay at the London Hotel in West Hollywood, California
- Gordon Ramsay at the Mirabelle in London
In late 2006 Gordon Ramsay Holdings purchased three London pubs which he converted into gastropubs. These are: The Narrow in Limehouse, which opened in March 2007, the Devonshire in Chiswick, which opened in October of that year and The Warrington in Maida Vale, which opened in February 2008. Both The Devonshire and The Warrington were subsequently sold in 2011, leaving The Narrow as the sole pub in GRH's portfolio.[38]
Ramsay acts as a consultant to numerous catering organisations, and was recruited by Singapore Airlines as one of its "International Culinary Panel" consultants.[39]
In May 2008 it was confirmed that Ramsay's protégé of 15 years, Marcus Wareing was going solo having opened and operated Pétrus at The Berkeley Hotel on behalf of Gordon Ramsay Holdings since 2003.[40] With the name Pétrus owned by Gordon Ramsay Holdings, industry sources suggested it was likely to transfer to another restaurant in the group with the former La Noisette site identified as the most likely.[41]
As of June 2009, Gordon Ramsay Holdings is reported to be in severe financial difficulty after a financial audit by accounting firm KPMG.[42]
In April 2010, Jason Atherton, Executive chef of Maze restaurants worldwide resigned to open his own venue in Mayfair.[43]
On 19 October 2010, the company Gordon Ramsay Holdings Limited announced that Chris Hutcheson had left his position as CEO of Gordon Ramsay Holdings Ltd. Shortly after, Ramsay released a letter to the press describing how he had unraveled the "manipulative" Hutcheson's "complex life" after having him followed by a private detective. His father-in-law's "away days", wrote Ramsay, "were rarely what I thought they were". Company accounts show Hutchenson borrowed up to £1.5 million from Gordon Ramsay Holdings, of which he was chief executive, though he says he reported the borrowings to the company and paid the money back. Hutcheson said he had been "vaporised" and subjected to a "public hanging" by Ramsay, whom he described as a friendless egotist.[44]
Re: Hell's Kitchen 10
I'm watching last night's episode of HK. May the stress begin! lol
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Re: Hell's Kitchen 10
and on to Master Chef. Can I just say "Piss Off"? heheheheheheheehe... It sounds best done w/that British accent. Roxi has it in the bag too. Piss Off!!!! lol
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Re: Hell's Kitchen 10
haven't seen it myself so....
yeah! enough of your shitE and stick it up yer arse!
have a good day Moonie!!!!
Re: Hell's Kitchen 10
Don't worry. I wont discuss cuz I know others haven't seen it yet.
I've had a good one so far - except it's too freaking hot at work...... But that's ok. I just have to get through this week and then VACATION!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Master Chef was good too
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Re: Hell's Kitchen 10
Love Master Chef....can't wait to see tonight's show.
Re: Hell's Kitchen 10
Gordon seems to be irked at each of them.....both teams look like they don't know how to do shit and that Bryce dude, speaking in 3rd person? really? how old are you? 12?
Re: Hell's Kitchen 10
Re: Master Chef. I won't spoil it. I just want to say that last night's episode showed Gordon being the most compassionate I have ever seen him.
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I cried like a baby.Re: Master Chef. I won't spoil it. I just want to say that last night's episode showed Gordon being the most compassionate I have ever seen him.
Re: Hell's Kitchen 10
Re: Master Chef. I won't spoil it. I just want to say that last night's episode showed Gordon being the most compassionate I have ever seen him.Damn you! I missed it. I was flipping through the channels and I saw that it was 1/2 over, I figured I'd get it on a western feed but fell asleep.
I love that show.
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