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Birmingham Post
Birmingham Post
Business
Jon Robinson

Mark Stott wipes out £7.7m debt used to invest in Stockport County following takeover

Stockport County owner Mark Stott has cleared the £7.7m debt the club owed him that was used to invest in the then National League side following his takeover in January 2020.

In a statement, the now League Two club said the investment has been converted into equity.

The club added that they have no debt outstanding to Mr Stott for his investment.

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