Nottingham Forest owner Evangelos Marinakis has made a further financial commitment to the Club with the conversion of £11m worth of loans into shares for the financial year 2022/23.
The additional financial commitment from the owner further relieves the financial burden on the club.
The move forms part of the club’s financial process for its 2022/23 accounts.
It is the fourth consecutive year in which Evangelos Marinakis has converted club debt into equity.
In the 2021/22 financial year, the owner converted £41m worth of loans into shares.
This follows a similar conversion of £12m in 2020/21 and over £20m in 2019/20.
