Profits at Gordon Ramsay’s UK restaurants fell by 87% in the last year, forcing the chef to inject £3.5m of his own money into the business, the BBC reports.
His father-in-law and partner Chris Hutcheson also pumped in £1.5m to help cope with mounting debts and tax bills.
Their woes in the year to August 2008 were blamed on ambitious expansion plans and the closure of key London restaurants like The Savoy Grill.
Ramsay said the company had “learnt some valuable lessons”.
The latest accounts showed that in 2007-08 pre-tax profits plummeted £3.05m to £383,325.
At the same time, net debt soared from £4.06m to £9.48m.