January 23, 2017  

Bankruptcy Forces 'Hell's Kitchen' Star Gordon Ramsay to Shut Down London Pub

June 29, 2010 (10:10 am) GMT
'The Devonshire pub has not been meeting our expectations for a while and we have taken the decision to close it while we consider future plans,' the chef's spokesperson says about the move.
Gordon Ramsay

Celebrity chef has been forced to close one of his pubs in London as a result of falling profits. The "" star's business empire has suffered in the recent economic downturn and in 2009 he was advised to file for bankruptcy because of his spiraling money issues.

Ramsay managed to stave off the debt-collectors momentarily by pumping $8 million (5 million pound sterling) of his own money into his businesses in a last-ditch bid to keep afloat, but has subsequently been hit with a series of bills and legal issues. And now the TV star has shut down gastro pub The Devonshire in the British capital, which he opened in 2007, as a result of the recession.

A spokesperson for Ramsay says, "The Devonshire pub has not been meeting our expectations for a while and we have taken the decision to close it while we consider future plans." Ramsay's company Gordon Ramsay Holdings reported a loss of $6.5 million (4.3 million pound sterling) in 2009.

TODAY'S HEADLINES

  1. Ivanka Trump's Brother-In-Law Joshua Kushner Joined Women's March on Washington
  2. Like It or Not, Donald Trump's Inauguration Draws Second Biggest Ratings in 36 Years
  3. Madonna Defends 'Blowing Up the White House' Remark as Secret Service Is Planning to Investigate Her
  4. Is 'Once Upon a Time' Preparing a Musical Episode in Season 6?
  5. 'Split' Tops Domestic Box Office, 'Rogue One: A Star Wars Story' Hits $1 Billion Worldwide
  6. Possible First Look at Superman's Black Suit in 'Justice League' Unveiled
  7. The Weeknd's 'Starboy' Stays at No. 1, The xx's 'I See You' Nabs Second Place on Billboard 200
  8. Keke Palmer Accuses Trey Songz of 'Sexual Intimidation' for Including Her in His Video