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    The restaurants Jamie Oliver has accumulated 70 million debt

    The network of Italian restaurants, Jamie's Italian popular British chef Jamie Oliver serious financial problems. The total amount of debt the network of institutions is around 70 million pounds (about 97 million dollars). Oliver and his wife plan to cut 450 employees owned a cafe, reports the Metro.

    According to journalists, over the past year the business Jamie Oliver suffered about 10 million pounds of losses. The duty chef in front of his employees is 2.2 million pounds. Another 30 million the British have different banks and 41.3 million to suppliers and landlords.

    In early February, Oliver announced the closure of 12 of 25 restaurants Jamie's Italian in the UK. Also chef has 28 Italian cafe abroad. This restructuring plan, the company was supported by 95 percent of creditors.

    Will be closed first restaurants in Bristol, Harrogate and Kingston. Representatives of Jamie's Italian claim that such drastic measures needed to save the company.

    The cause of the failure of Oliver lawyers call a bad choice of locations for restaurants, unaffordable rentals and lack of investment in business development.

    Oliver and his wife is estimated at 150 million pounds. According to court documents, the personal assets of the British not at risk.

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