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Is celebrity chef Ramsay's restaurant empire crumbling?
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by mtammas | February 19, 2009 at 09:26 pm
465 views | 31 Recommendations | 2 comments
Food may not be the only 'f word' that obscenity-prone celebrity chef Ramsay may be uttering these days as stories that he's in trouble at the Maze restaurant in the Old Town Hilton in Prague have surfaced. His overall operation may also be faltering under a heavy debt load.
CHEF Gordon Ramsay is stepping back from another luxury restaurant but denies his global empire is under threat.
The celebrity chef, 43, will no longer be involved day-to-day in the Maze restaurant in Prague's Old Town Hilton but his spokeswoman denied reports Gordon Ramsay Holdings was £10million in debt.
Two London sites in his empire have 'for sale' signs on them. Yet, earlier this month, Ramsay said he was looking at the possibility of opening a restaurant in Toronto, Canada.
Yesterday his spokeswoman said: "Gordon Ramsay Holdings and the owners of Hilton Prague Old Town have mutually agreed to a change in their business relationship.
"Day-to-day running of the food and beverage operation will pass back to the hotel management with Gordon Ramsay Holdings offering support with regard to menu planning."
No one at the Hilton, where Ramsay's restaurant opened in 2007, would comment on the matter.
However, his spokeswoman strenuously denied rumours he would withdraw from other restaurants, including branches in Los Angeles, Paris and Florida.
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Most RecentMost Recommended Comments (2)
at 09:22 on February 20th, 2009
Too bad if its true, I like the nasty bugger, he has a good heart under all that rough edge. Often one gets alot of intense pressure to do it (grow) while the irons hot and the load can be devastating. He has a lovely family maybe this is the universes way to say chill and enjoy.
I wish him success, and may he be well. Sometimes taking pleasure in anothers fall is kinda stupid.
at 15:35 on February 23rd, 2009
I hear his restaurant in LA is just horrid.