Turnover by Gordon Ramsay Holdings drops from $ 68M to $ 57 Million Pre-tax profits plummet by over $ 4.9M to $ 627,000 . With spiraling debts and crippling tax bills , the star of TV shows such as `` Ramsay 's Kitchen Nightmares '' and `` Hell 's Kitchen '' was forced to pump huge amounts of his own money into the business , even selling his prized Ferrari to raise funds , The Guardian newspaper said . Over-ambitious expansion plans , restaurant closures blamed . Ramsay currently owns nine restaurants in London .
Turnover by Gordon Ramsay Holdings drops from $ 68M to $ 57 Million Pre-tax profits plummet by over $ 4.9M to $ 627,000 . Over-ambitious expansion plans , restaurant closures blamed . Ramsay currently owns nine restaurants in London .