Bristol City majority shareholder Steve Lansdown has written off £15.3million of debt by converting it into club shares, as has become tradition at this time of year.
A return of allotment of shares notice was posted on Companies House on Thursday for Bristol City Holdings detailing 15,305,640 shares issued for £1 each.
Last year the Guernsey-based billionaire converted £14m of debt into shares on June 2, and he did the same in 2020 through the same method, that time for £71m, while in 2019 it was £10m.