A Dragons’ Den star has claimed he was answerable for protecting the large TV hit on our screens after Peter Jones went ‘AWOL’ in a vital deal.
Theo Paphitis, who left The Den after collection 10 in 2012, has insisted that the BBC programme, which is at the moment in its twenty third season, wouldn’t have made it previous season 2 if it weren’t for him and Peter.
The Greek Cypriot businessman claimed that collectively they saved an organization owned by Rachel Elnaugh, who was a dragon within the first two collection.
Theo mentioned he saved Purple Letter Days, an e-commerce firm that donates expertise day vouchers as a substitute of conventional bodily gadgets, from collapse after it went bankrupt in 2005.
“Rachel Elnaugh took an enormous hit and the corporate went bankrupt and there was a particular promotion for it,” Theo instructed the automotive podcast Fueling Round.
“Based mostly on the truth that firstly of the present they confirmed these titans of British enterprise; she was on a bike, a robust woman, we have been all in automobiles, boats and planes with drivers, after which her firm had gone bankrupt. They determined to do it, they weren’t going to broadcast it.


“So that you would possibly by no means have seen it if it hadn’t been for me and the tall man who purchased it; Effectively, not a lot him, as a result of he went off on me through the strategy of the deal.
“I am not going there now, however you recognize precisely the place you have been, Jonesy. He is lacking, and I’ve the WhatsApps to show it if he denies it. At the moment it was textual content messages, not WhatsApps.’
The previous chairman of Millwall Soccer Membership added: “We’ve got redeemed all excellent vouchers. The BBC then felt there was a narrative we might present now and she or he was changed by the sensible Deborah Meaden the next season and it went from power to power.’
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The enterprise guru and Peter offered Purple Letter Days to rival SmartBox for an undisclosed quantity in September 2017. On the time it had a turnover of £26 million.
Theo lists Robert Dyas, Ryman Stationery and Boux Avenue amongst his enterprise portfolio.
The multi-millionaire, who spoke on the podcast with TV presenter Vicki Butler-Henderson and presenter Dave Vitty, additionally mentioned his ‘tense’ time within the Den.
“I did not know any of them beforehand,” he defined. ‘I met Jonesy, the tall man, as soon as when he got here to my workplace attempting to promote me one thing, however that was it: it was only one in, one out.


‘It was thrilling, as a result of keep in mind: that was the start. This system had no slogan. The “I am Out” half was made up as we went alongside. Nobody actually knew how it will finish.
‘They did a pilot, which I used to be not current at, after which gave the order. I used to be in there, they traded me for Simon Woodroffe. It was extraordinarily aggressive, the egos have been embarrassing, to be sincere in that first collection.
“We nearly did not even begin it as a result of the set was crap and the producers and administrators did not just like the set. They despatched us all house, then they introduced us again and sorted out the set, and we completed the collection.”
It comes after it was revealed {that a} Dragons’ Den star’s firm that was branded ‘delusional’ is now price greater than £7,500,000.
Though the BBC has not but confirmed a particular return date for the second half of the newest collection, a visitor Dragon will seem alongside regulars Peter, Deborah Meaden, Steven Bartlett and Touker Suleyman.
Dragons’ Den may be seen on BBC iPlayer.
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