Jamie Oliver says that the financial crisis that saw restaurants fail the 'worst time of his life' & # 39; used to be

Jamie Oliver says that the financial crisis that saw restaurants fail the 'worst time of his life' & # 39; used to be


He was hit by financial struggles in 2017, who saw that his restaurant chain Jamie & # 39; s Italian bankrupted, only a few months before his steakhouses in Barbecoa went into administration. Recalling the difficult period, Jamie Oliver has said that it's the worst time of his life & # 39; was, while he fought to save his restaurant empire amid continuous monetary misery. In an interview with The Sun, the chef, 43, recalled how he was forced to make £ 13 million of his own money to save Jamie's Italian before it all went to sh * t & # 39; went – and also his wife Jools is planning to have another baby.

Financial struggle: Jamie Oliver has said that it's the worst time of his life & # 39; was when he fought to save his restaurant empire amidst the ongoing monetary woes in 2017. Despite the fact that Jamie & # 39; s Italian saved, 12 affiliates of the 37 restaurants were forced to close and leave the culinary star dividing money owed to their suppliers. He told the publication that he had paid them all & # 39; after securing his restaurant chain and admitting that the juggling with his various businesses – including campaigns, books, TV series and his own kitchen utensils, as well as his eateries – put him in a bad place. Everything revealing became too much, Jamie said: "I think I am well known for being optimistic, bubbly and certainly half full glass, but one day I felt sad and a little too long. & # 39; It was not a depression, but I was a little stupid – I did not sleep much.

Problems: The chef, 43, was hit by financial problems that his restaurant chain Jamie & # 39; s Italian saw to avoid bankruptcy months before his steakhouses in Barbecoa went into administration

Difficult: Oliver had to earn 13 million pounds of his own money to save the failing chain Jamie & # 39; s Italian before it all went on & # 39; Jamie revealed that he survived his full work schedule at three to four o'clock per night sleeping night and his bad routine finally overtook me & # 39 ;. After he learned that sleep is essential when it comes to living a healthy lifestyle, both in the gym and for food purposes, the father of five has overhauled his routine and follows a strict bedtime schedule that takes him every night at 22:00 withdraw. In 2017, Jamie was forced to pump £ 13 million into his Jamie's Italian restaurant chain, just two hours before it was declared bankrupt. Despite his financial support, some restaurants in the chain were still forced to close and 600 staff were fired in an effort to save the namesake – with Jamie insistent that the closures & # 39; necessary & # 39; were in an attempt to save the rest of the chain and more than 1500 jobs.

Deal: Jamie & # 39; s Italian chain was rescued by a business volunteer scheme (CVA) – some branches still had to close in a necessary step & # 39; to save the chain and 1600 jobs

Crash: Months later Jamie & # 39; s Barbecoa steakhouses in London went into administration, – the Piccadilly restaurant closed off while the St. Paul's branch was saved in a last-minute deal. The chain was in financial trouble and was on the brink of collapse, with Jamie in an interview with the Financial Times revealing that it & # 39; just had no money left & # 39; and £ 71.5 million in debts. He stated: & # 39; We did not expect it. That is just not normal, in no company. I honestly do not know [what happened]. We are still trying to work it out, but I think the senior management we had tried to manage what they would call the perfect storm: rents, rates, declining high street, food costs, Brexit, increase in minimum wages. A lot happened. & # 39; The Italian chain of the Jamie was saved by a business voluntary scheme (CVA). Later Jamie & # 39; s Barbecoa steakhouses in London came under management, while the Piccadilly eatery was closed while the St. Paul's branch was saved in a last-minute deal.

Difficulties: Jamie told The Sun that juggling with his various companies – including campaigns, books, TV series and his own range of kitchenware – had left him in a bad place and was unable to sleep

Expand their brood? Jamie also discussed his wife Jool's (pictured above in 2016) yearning for another baby – their sixth – while he joked: "I'm going to try to master that." Meanwhile, in his recent interview with The Sun, Jamie also talked about family life and his wife Jools – with whom he has been living since he was eighteen – and her desire to have another baby. A new addition would bring their offspring to a total of six, as the couple are already parents of Poppy, 16, Daisy, 15, Petal, nine, Buddy, eight, and River, two. Jamie quipped: "I'm going to try to control it … but I have to try to keep myself under control, which I'm not so good at. & # 39; He claimed that he thought that & # 39; five is enough & # 39; children, despite others insisting that he has another one. Speak to OK! In May 2018 Jamie revealed how Jools always wanted to have a big family. Because Jools was 18, a big family was the only thing she wanted. When she said big, I thought she meant two children! & # 39; he said.

Big family: Jamie and Jools [Juliette née Norton] part daughters Poppy, 16, Daisy, 15, Petal, 9, and sons Buddy, eight and River, two

Father-of-five: The TV personality joked earlier that his wife always wanted a big family, while he said okay! magazine: & # 39; When she said big, I thought she meant two children & # 39; The TV personality also joked that his daughters are of the age in which they will soon be in the "Friendland & # 39; will venture. "We almost hit boyfriend country and we are the first generation of parents who learn about children using social media and it's hard," Jamie admitted. & # 39; Jools and I follow them very well, because if they use a phone that I pay for, under my roof, I want to see what they do. We are strict-like. & # 39; Jamie and Jools married in 2000, after eight years of dating. They tied the knot in a ceremony at All Saints Church in Rickling, Essex, before they had family and friends at a royal party tent that was held in Jamie's childhood home. He has since said that the couple intends to renew their wedding vows before their 20th. Anniversary in 2020. Jamie said to the magazine Event: Jools wants to get married again. We are doing very differently. & # 39; It sounds a bit drowsy, but 20 is a great milestone. It is nice to have an excuse to get people together. & # 39;

Married: Jamie and Jools marry in 2000, after eight years of dating, and plan to renew their vows for their 20th birthday (pictured above on their wedding day in June 2000)