Financially-Troubled Gordon Ramsay Prevented From Selling House
Gordon Ramsay's personal problems appear to be mounting - bank bosses are taking legal action to stop him selling his family home without their permission. The "Hell's Kitchen" star has suffered severely in the recent economic downturn and in 2009 was forced to pump $8 million of his own money into his businesses in a last-ditch bid to keep afloat.
The company, Gordon Ramsay Holdings (GRH), reported a loss of $6.5 million last year and was also hit with massive tax bills. And now money chiefs at the Royal Bank of Scotland have submitted papers in a bid to stop Ramsay selling his $4.5 million London home.
The property will act as security against the star's company debts, according to Britain's Daily Mail. A spokesman for GRH confirms the claims but has downplayed the report, stating, "All of this is entirely commonplace and standard business practice."
Ramsay has also been embroiled in family drama recently after his father-in-law Chris Hutcheson, who stepped down as CEO of the celebrity chef's business empire last month, went public about their bitter fall-out.
More Gordon Ramsay News
- Jennifer Lopez Claps Back at Haters for Accusing Her of Photoshopping Her Abs
- Bella Thorne and Scott Disick Holding Hands After a Night of Partying and Boozing
- Johnny Depp Sorry for Joking About Assassinating President Donald Trump
- Report: Kim Kardashian and Kanye West Are Spoiling Their Surrogate
- Kristen Stewart Caught Cheating on Stella Maxwell With Ex Alicia Cargile
- Find Out What George and Amal Clooney's Twin Kids Will Inherit When They Turn 21
- DJ Khaled Releases New Album 'Grateful'
- Is Drake Expecting a Son?