Coronation Street’s Simon Gregson ‘could be forced to sell home if he doesn’t pay back £250,000 loan’
It appears that Simon Gregson might need to sell his house if he fails to repay a £250,000 loan he borrowed from his production company.
Actor Simon Gregson from Coronation Street, aged 50, is obligated to return £1,500 each month to Simon Gregson Productions, as indicated in documents reviewed by The Mirror.
According to the documents, it appears that Simon and his wife Emma Gleave, who have been married for 14 years, are now separated.
According to the report, they have three years to repay their loan. If they don’t manage to repay it within that timeframe, they will be required to sell their family home as part of the agreement.
‘The Director owed the company £252,824 due to an overdrawn loan. It was found that this money was transferred from the company’s account and deposited into a joint bank account shared by Mr Gregory and his estranged spouse. Consequently, any potential claim would need to be directed towards both parties.’
In 2023, Simon dissolved his company, Simon Gregson Productions Limited, with a debt of £165,000 to HMRC and Coutts Bank, which was due to a COVID-19 bounce-back loan.
TopMob has contacted a representative of Simon Gregson for comment.
Back in December of 1989, at the age of only fifteen, the actor made his debut on Corrie. Immediately, he gained nationwide recognition as audiences across the country flocked to see his portrayal of the rebellious teenager Steve McDonald, which quickly turned him into a familiar face in many households.
However, he openly acknowledged that his meteoric rise on the soap opera took a toll on his emotional well-being.
To YouTube channel DEEP, Simon shared how being a part of the show significantly influenced him. He confided that contemplating his children experiencing similar hardships leaves him feeling deeply troubled.
Regarding their sudden rise to stardom alongside Nicholas, he commented: “We became incredibly famous almost instantly, which was strange and difficult for someone my age to grasp. However, there was no guidance available!
Simon added that these days, those who join television soaps are given a thorough briefing. They’re told about aspects such as media attention, fan responses, effects on their personal lives, and possible criticisms associated with their roles.
He mentioned: ‘However, for us, it was like being cast adrift in the sea at fifteen, with no land in sight, forced to find our way to safety on our own.’
Reflecting on the aftermath, Simon expressed: ‘It left a substantial mark on my mental wellbeing in hindsight. The mere thought of my children, who are the same age now, enduring what I did is heart-wrenching. It’s just not pleasant.’
It is reported that the managers of Coronation Street may be dealing with an uprising from some of their stars, following the recent departures of five actors from the soap opera.
There seems to be some concern among certain mid-level actors and newer stars on the set of “Weatherfield,” as rumors circulate that budget cuts may lead to their characters being written off the show.
As a devoted fan, I’ve come across rumors suggesting that some of the newer cast members are concerned about being phased out from the show to make room for long-time stars such as Bill Roache and Jack P. Shepherd. This is based on reports by The Sun.
According to the source, there’s an active WhatsApp chat filled with discussions about the uncertainty of where future cuts might occur.
As a devoted admirer, I can’t help but feel the weight of the current situation unfolding. It seems as though tough decisions are imminent, with cost-cutting measures being considered to keep our beloved show afloat. There’s an unsettling sense that some cast members might be affected, all in an effort to ensure key players like Bill Roache and Jack P Shepherd remain on board.
The insider added that cast members have also complained about the long working hours.
They noted that filming can be challenging. One individual complained they were ‘overworked, like working dogs.’ The era of generous compensation has passed.
TopMob has contacted representatives of Coronation Street for comment.
On the popular British soap opera, Coronation Street, salaries can differ quite a bit. For instance, established actors like Bill Roache are reportedly paid around £2,000 for each episode, whereas newer cast members typically receive approximately £400 per appearance.
It seems that increasing TV production expenses and a decrease in advertising income might be threatening the continuation of the ITV soap opera.
A source inside the production team hinted that certain popular actors might have their scenes at The Rovers Return pub reduced or eliminated altogether, as a cost-saving measure.
After Charlotte Jordan’s five-year run on the show came to an end, joining the footsteps of Sue Cleaver, Colson Smith, and Helen Worth, I found myself reflecting on the changing dynamics.
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2025-01-10 04:22