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Gordo Empire in Trouble

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It looks like Gordon Ramsay's financial situation could be even more precarious than originally thought: "Gordon Ramsay’s restaurant group has been forced to renegotiate a multimillion-pound loan after breaching agreements with its bank ... Many companies have been threatened with closure because they cannot renew existing terms for their loans." Furthermore, other reports also claim that the restaurant empire owes its suppliers an awful lot of cash. [Times/Guardian]

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