Chef Ramsay in line for £10m takeaway

Celebrity chef Gordon Ramsay is set for a multi-million-pound windfall as part of a deal to sell the company behind many of his hit TV shows.

The fiery TV personality is in talks to sell his 50 per cent stake in One Potato Two Potato - the production company which makes shows such as Ramsay's Best Restaurant, Gordon's Great Escape and Gordon Ramsay's Cookalong Live.

It is being sold as part of a takeover of Optomen Television, which co-owns One Potato Two Potato, by All3Media - thought to be worth around 40 million.

The move is expected to net the Scot as much as 10m.

It is thought Mr Ramsay would pick up a hefty upfront sum if the takeover of Optomen and One Potato Two Potato goes ahead, with the remainder of his haul due if the company meets performance targets over the next few years.

A spokesman for All3Media said: "All the parties can confirm that they are in advanced exclusive discussions and will issue a full statement in due course."

Mr Ramsay would likely remain as a director of One Potato Two Potato, but not retain a shareholding.

He set up the production company with Optomen in 2008 to make all of his new programmes, but also to take many successful shows to the United States.

The firm is producing MasterChef US and Gordon Ramsay Cookalong Live USA.