Foulmouthed TV chef Gordon Ramsay has admitted that auditor KPMG told him his company was ‘****ed’ following a disastrous expansion of his restaurant empire overseas.

Gordon Ramsay Holdings broke agreements with lenders over a £500,000 overdraft and a £10million loan from Royal Bank of Scotland, with KPMG advising the chef it would be simper to put the business into administration, reports the Daily Mail.

'It was the worst b******ing ever,’ said Ramsay. ‘They [KPMG] told me I was *****d.

'We were told to go into administration, that it would be smoother for everyone. I thought of selling some of the company. My wife and I discussed selling our house.

'It's taken several million of my own money with several more million to come but I'm still standing.'

The firm found that the overseas operation was performing so badly that it was threatening the profitable UK arm and that there was an outstanding tax bill of £7.2m.

Ramsay and his father-in-law put in £5m of their own money to pay off debts and taxes and he now hopes that KPMG will give the accounts a clean bill of health , with the company expecting to bring in a profit of £7m next year.

Further reading:

Gordon Ramsay fined over late accounts