It was set to become one of the world’s most high profile business partnerships, but former footballer David Beckham and Michelin-starred chef Gordon Ramsay have decided to shelve plans to enter into a partnership for a new London restaurant.
The pair had generated much media interest around their Union Street Cafe venture, a Mediterranean eatery situated in Southwark. However, the duo appear to have disagreed somewhere along the line, with Ramsay opening the restaurant on his own to mixed reviews last month.
It was to have been the Scotâ€™s first business venture without former business partner and father-in-law Chris Hutchenson, after the pair acrimoniously parted ways last year.
Ramsay is also looking to recover from a disastrous year in which his financial empire, Gordon Ramsay Holdings Ltd, floundered. The Kitchen Nightmares star lost over £8 million and was forced to write off several restaurants.
Industry insiders have suggested Ramsay and Beckham are not ruling out working together in future on another project.
Starting your own business partnership
If you would like your business ventures to proceed with a little less drama than Gordon Ramsay, one key consideration is to put together a carefully constructed partnership agreement.
This will generally contain procedures for entering and exiting a partnership, as well as provisions for resolving any potential areas of conflict in the running of the business.
Ralli Partnership Law solicitors have plenty of experience in helping new businesses put together partnership agreements that leave no stone unturned. Our experts will advise you every step of the way to ensure you are prepared for all eventualities and there will be no legal obstacles to the successful running of your business.
Contact our team today on 0161 832 6131, or fill out our online form and we will respond to your query as soon as possible.