Nottingham Forest owner Evangelos Marinakis has converted £12m worth of loans to the club into shares.
A “statement of capital following an allotment of shares” has been published on the Companies House website showing equity changes at the club.
It details how £12m worth of loans have been converted into equity, to further support the Reds, stating that “the shares were allotted in consideration of a waiver of a debt of £12m”.
