TELLY chef Gordon Ramsay has been forced to take out bumper loans to secure the future of his restaurants during the coronavirus crisis.
According to documents filed at Companies House this month the star — worth around £185million — has registered charges with Barclays bank against 16 firms.
They include the companies that run his three-Michelin-star Restaurant Gordon Ramsay, the one-Michelin-star Petrus and the Savoy Grill.
And there are two loans taken out by Gordon Ramsay Restaurants Ltd, whose stable includes Bread Street Kitchen, Heddon Street Kitchen, London House, Union Street Cafe and Gordon Ramsay Plane Food at Heathrow Airport.
A source said: “Gordon is doing what he can to keep his businesses afloat and people in jobs.
“He has personally put several million into the company throughout the crisis to support the business and there are more than 400 staff still on payroll. Clearly like the rest of the hospitality business, he has no idea of when he might be allowed to open and still has costs to cover.”
It comes after the dad of five, 53, was blasted for deciding to lay off staff rather than use the Government’s furlough scheme.
Some of the 500 axed staff blasted Gordon Ramsay Restaurants on social media for ending their contracts out of the blue.
Ramsay had called staff to a meeting where they were told their contracts were being cancelled.
Tearful staff had no idea their jobs were at risk and have now been placed on gardening leave for the duration of their notice period.
His workers — including chefs, waiters and other employees — were told by email they would be paid up until April 17, but that there was no guarantee their job would still be available as and when Ramsay’s restaurants eventually reopen.
Ramsay’s spokeswoman did not respond to requests for comment.
View more information: https://www.the-sun.com/entertainment/854830/gordon-ramsay-loans-businesses-coronavirus-outbreak/