RSS Feed Share on Facebook Send this to Twitter | Login Login | Register
City Independent
The Hull City Fanzine
 
Hull City Forum

Hull City Forum

Deails Post
6 posts. All posts shown

New Back To Top

essexgull

8406 posts
First used 12/01/17

#1
24/03/2018 at 08:19

I never quite understand why in the UK it's legal/there are mechanisms for the likes of Jamie Oliver to liquidate a business owing £7 million to creditors (half to relatively small business scale food and drink suppliers), whilst he is worth £150 million or thereabouts. A collapsed business shouldn't need to render the owner homeless, but there should be responsibility.

I guess these rules are what makes the UK a 'positive' business environment for multinationals and corporations.

Rather oddly he's blaming Brexit.


ESSEX GULL 

New Back To Top

candw

User Image

26106 posts
First used 09/01/17

#2
24/03/2018 at 15:09

Isn't that what limited liability companies are about? Entrepreneurs wouldn't take a risk if their house was at risk.

New Back To Top

essexgull

8406 posts
First used 12/01/17

#3
24/03/2018 at 17:24

Quote Quote by candw on 24/03/2018 at 15:09
Isn't that what limited liability companies are about? Entrepreneurs wouldn't take a risk if their house was at risk.


Yes totally. I get why the company was liquidated.. it was losing money. But to not pay those due money and then to buy back the company with personal cash and wipe the debts by starting again, seems a sneak's trick to me and I'm amazed it's not criminal. It's effectively theft.


ESSEX GULL 

New Back To Top

exiled CITY AFC

User Image

11260 posts
First used 11/01/17

#4
25/03/2018 at 12:05

I can’t comment because I don’t know how Such companies get so shit and to such a depth without lots of alarms ringing.

He opened up in our city - most expensive building in the centre - the food was SHIT in capitals - it was a poor excuse for Italian cuisine and crazy expensive for what it was. It was immediately patronised by the celeb culture followers but we already have two Italian restaurants that the footballers frequent anyway. The service was crap as well. I went to one of his street-food outlets in central London - that was SHIT too.

Surprised it lasted as long as it did but seeing the debts some start struck bankers afforded a lot of ££££ credit to the fella.

Let it never be said that I was silent when they needed me - William Wilberforce 

New Back To Top

I'm an alligator...

User Image

6959 posts
First used 12/01/17

Group
Hull City

#5
25/03/2018 at 18:37

Had a Groupon voucher given for his covent garden outlet, and it didn't disappoint.

Ordinary would be over generous - Marvin Cheeseman has him to a tee.

Crash and burn, grazie.



1964 - 2014 

New Back To Top

candw

User Image

26106 posts
First used 09/01/17

#6
26/03/2018 at 07:45

Quote Quote by exiled CITY AFC on 25/03/2018 at 12:05
I can’t comment because I don’t know how Such companies get so shit and to such a depth without lots of alarms ringing.

He opened up in our city - most expensive building in the centre - the food was SHIT in capitals - it was a poor excuse for Italian cuisine and crazy expensive for what it was. It was immediately patronised by the celeb culture followers but we already have two Italian restaurants that the footballers frequent anyway. The service was crap as well. I went to one of his street-food outlets in central London - that was SHIT too.

Surprised it lasted as long as it did but seeing the debts some start struck bankers afforded a lot of ££££ credit to the fella.



If we'd wanted a Restaurant Review we'd have asked for one. You were asked, dear reader, how a man with £150 million can just ignore £70 million of debts owed to a variety of suppliers.

GO!
6 posts. All posts shown