I don't doubt they will be struggling with 12 venues, and yes nobody will know the true details unless you are a director or decision maker in the company.
However, I do know that the director has a significant amount of personal wealth, and begs the question why he isn't willing to let some of that go in order to prop up the business? As Andy_W has pointed out, they are his things that he has worked hard for and understand there may be some reluctance, but he would also be able to feel a direct benefit of his cash injection when business picks up as he will be able to pay himself more from the future profits and buy back lost assets. Why ask your employees to make proportionally much bigger sacrifices from their rubbish wages if you have such faith in the company? In the past, I've had to sell some of my more valuable possessions to get me through rough patches - did I want to do that? No, of course not, I did it out of necessity.
Another recurring excuse throughout this thread is that this is a fledgling business and needs time - although Tomahawk is a new brand, the director is an astute businessman with plenty of experience in retail and hospitality so he absolutely knows the score and should know better. If you visit the parent company website (I'll save you a Google -
https://www.rhpd.co.uk) then you'll see that Tomahawk is an offshoot of a bigger, mature business portfolio including other retail ventures, residential and commercial property lettings. If the whole thing is in danger of crashing and burning, as I'm fully aware the property sector is also struggling,
it is not the responsibility of the Tomahawk employees. I don't know how much more that can be emphasised - it is down to the director and decision makers to come up with a solution, and the one they chose was very much the wrong one.
Just to finish up this comment, I've also attached a screenshot of the comments on one of his Facebook posts where someone else has kindly pointed out that he should be looking to sell his Ferrari Testarossa (not even his
main Ferrari, which is a 488!), which he acquired on the 30th October last year, so well in the midst of the pandemic, and is parked outside his Newcastle Tomahawk. But come on, let's hear some more justifications about how his employees should foot the bill.