Earning its crust: Pizza Express hires advisers over £1bn debt

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Rumours abound over fate of 54-year-old business as consumer tastes change

Pizza Express has a mountain of debt: a towering £1.12bn is owed to various lenders, a cash sum equal to 77m of its famous Sloppy Giuseppe beef and pepper pizzas.

 

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Maybe they went bust because people thought the owner was a knobhead Brexiteer. Apparently the *founder* is a knobhead. Patisserie Valerie suffered because of a knobhead Brexiteer owner also.

Why that

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Pizza Express lining up for painful debt restructuringLenders expected to be bruised while fears for chain’s immediate health played down AndrewScottTV Chickens coming home to roost for these overpriced chains that sell shite. Jamie Oliver was a basket case as are Pizza Express and a few others. They've driven the small independents out of business and now imploding themselves. Zero sympathy wankers Wow they’ve lost a lot of dough No doubt CEO's, with all the Financial Advisers and Creditors will make a few millions receiving large back-handers,
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Fears Pizza Express could be next chain to go bust as it 'brings in financial advisers' ahead of debt talksPIZZA Express has reportedly hired advisers to help fix its debt bill, sparking fears that it could be the next chain to collapse. The restaurant chain ended last year with a whopping £1,122.5milli… They’ve nae dough! You mean calazone yawn WELCOME TO BREXIT. WELCOME TO EXIT
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Pizza Express lining up for painful debt restructuringLenders expected to be bruised while fears for chain’s immediate health played down AndrewScottTV Chickens coming home to roost for these overpriced chains that sell shite. Jamie Oliver was a basket case as are Pizza Express and a few others. They've driven the small independents out of business and now imploding themselves. Zero sympathy wankers Wow they’ve lost a lot of dough No doubt CEO's, with all the Financial Advisers and Creditors will make a few millions receiving large back-handers,
Source: The Guardian - 🏆 84. / 53 Read more »

A Love Letter To Pizza Express As It Looks Like It's Going Into AdministrationA Love Letter To Pizza Express As It Looks Like It's Going Into Administration RebeccaCNReid 🍕💔
Source: GraziaUK - 🏆 15. / 78 Read more »

Fears Pizza Express could be next chain to go bust as it 'brings in financial advisers' ahead of debt talksPIZZA Express has reportedly hired advisers to help fix its debt bill, sparking fears that it could be the next chain to collapse. The restaurant chain ended last year with a whopping £1,122.5milli… They’ve nae dough! You mean calazone yawn WELCOME TO BREXIT. WELCOME TO EXIT
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