TV presenter Noel Edmonds revealed a concerning money issue.
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Noel Edmonds has revealed he’s “haemorrhaging money” at his £15 million estate in New Zealand, just as his new reality show, Noel Edmonds’ Kiwi Adventure, premieres on ITV.
The former Deal or No Deal host, who relocated to New Zealand in 2018, is facing financial struggles at his luxury River Haven estate, which includes 12 buildings, a vineyard, and a pub called The Bugger Inn. Despite the stunning surroundings, the TV star is dealing with financial setbacks, as revealed in the second episode of Kiwi Adventure.
We’re haemorrhaging money at the moment, When you come to New Zealand, you change your view about your relationship between the weather and the economy.
Edmonds said, pointing to the weather’s effect on his business
We’re haemorrhaging money at the moment because you have to take staff on in anticipation of the guests coming. We’re going to have to have a spectacular November and December to balance the books.
He continued
Read More: Noel Edmonds Fights Back Tears During ITV Documentary as He Reflects on Huge Move
A father of four, Edmonds bought the estate after relocating to New Zealand with his wife Liz. He’s now opened up his life to the cameras for the documentary series, which follows his efforts to build a new life far from his former celebrity spotlight.
However, it hasn’t all gone smoothly. According to the Express, one scene in the show shows Edmonds standing outside while rain pours down on an empty pub garden.
New Zealand is a great place to come to but it’s not the easiest place to set up a business, We’ve done a fascinating thing with the River Haven adventure. Will it be the move that sustains us for years to come? Watch this space!
he concedes.
I believe in the cosmos. I believe everything happens for a reason… Just struggling at the moment to come up with a good reason here!
Despite facing financial challenges, Noel Edmonds remains optimistic, saying
When people say to me, ‘What do you miss about the UK?’ I find myself going back to why I left.
He also reflects on his decision to move abroad:
Because all the things I miss about Britain are the reasons I left. By that I mean that the country changed so much, so fast, so fundamentally, that I found myself missing a quieter country… We are not trees so you can move.
None of this was planned. None of it was planned at all. There was no plan whatsoever to buy a vineyard and do this. I don’t know it was just a feeling of we could work on this, we could develop this.
Liz admits their new journey wasn’t something they anticipated, saying
Noel Edmonds’ Kiwi Adventure airs Fridays at 9pm on ITV1 and ITVX.
Source: Gloucestershirelive