By Ed Riley For Mailonline
Published: 07:39 BST, 1 April 2019 | Updated: 08:45 BST, 1 April 2019
Chef Jamie Oliver has avoided almost £1.45million in unpaid rent at his struggling restaurant chain, it has been reported.
Jamie's Italian owed the money to 16 landlords who have now been left out of pockets after the firm went close to going bust in 2017.
A Company Voluntary Arrangement meant the TV chef's business was able to carry on trading but had to close 12 of 25 sites, with the loss of 600 jobs.
Creditors were owed £1,445,912 in unpaid rent after it was forced to take action amid rising costs and competition in the casual dining market.
Chef Jamie Oliver has avoided paying almost £1.45million in unpaid rent at his struggling restaurant chain, it has been reported
But in a deal with administrators, Mr Oliver's company agreed to pay back just £356,706, The Sun reports.
A company spokesman told the paper: 'We received overwhelming support from our creditors.'
Last month it emerged Mr Oliver was on the hunt for a new investor in the business.