‘ Championship Clubs debts wiped out ‘

The owners of Stoke City have eased the Championship club's finances by reducing debts by £160m.

Thursday 24th March 2022




Owners, bet365 Group, have converted £40m of loans into equity in the club's holding company, and waived £120m of shareholder loans.



"This greatly strengthens the club's balance sheet and also provides more long-term stability for the club," said joint chairman John Coates.

Stoke are 15th in the Championship, 12 points adrift of the play-offs.

This is the Potters' fourth season since relegation from the Premier League in 2018 and the first one without parachute payments.

After a bright start to this campaign, Michael O'Neill's team, who beat Millwall 2-0 last Saturday, have managed just three wins from 15 games in 2022 and are almost certain to have a fifth season outside the top flight.

But the club's owners remain determined to turn around the team's fortunes.

"On the field, the last four or five years have not proved to be as successful as any of us would have hoped," Mr Coates said in a statement.

"However, our commitment to the club, its future success, financial sustainability and place at the heart of our local community remains as strong and focussed as ever."


Stoke announced a planned five-year redevelopment project for the club's home ground - the bet365 Stadium - and Clayton Wood training ground last month.

The initial phase will cost around £4m and be competed in time for the start of the 2022-23 season.

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A quick Google reveals that a number of clubs have had larger sums converted from debt to equity in recent years (Fulham = £424 million, Man City = £304 million, Chelsea = £340 million), so it's obviously allowed.

Of course, at Cardiff City the fans have been told their owner can't convert all of his debt to equity due to one set of rules or another. If memory serves, Malaysian financial rules were given as the reason at one stage.

Honestly football finances and clubs abilities to rack up such ridiculous debts completely baffle me

Honestly football finances and clubs abilities to rack up such ridiculous debts completely baffle me

Agree ,chasing the dream of premiership money the bubble will burst eventually, ffp has helped recently but teams still gamble

A quick Google reveals that a number of clubs have had larger sums converted from debt to equity in recent years (Fulham = £424 million, Man City = £304 million, Chelsea = £340 million), so it's obviously allowed.

Of course, at Cardiff City the fans have been told their owner can't convert all of his debt to equity due to one set of rules or another. If memory serves, Malaysian financial rules were given as the reason at one stage.

Who did that search for you and posted that before you did?

A quick Google reveals that a number of clubs have had larger sums converted from debt to equity in recent years (Fulham = £424 million, Man City = £304 million, Chelsea = £340 million), so it's obviously allowed.

Of course, at Cardiff City the fans have been told their owner can't convert all of his debt to equity due to one set of rules or another. If memory serves, Malaysian financial rules were given as the reason at one stage.

Who did that search for you and posted that before you did?

Neil, the fraud currently masquerading as 'Ninian27' took it from a lesser Forum...

The guy has no shame...!

A quick Google reveals that a number of clubs have had larger sums converted from debt to equity in recent years (Fulham = £424 million, Man City = £304 million, Chelsea = £340 million), so it's obviously allowed.

Of course, at Cardiff City the fans have been told their owner can't convert all of his debt to equity due to one set of rules or another. If memory serves, Malaysian financial rules were given as the reason at one stage.

Who did that search for you and posted that before you did?

Neil, the fraud currently masquerading as 'Ninian27' took it from a lesser Forum...

The guy has no shame...!

I noticed that too. It's the 9th comment down by TLG. Third time its happened now, just copying from others and posting as his own. Odd.

A quick Google reveals that a number of clubs have had larger sums converted from debt to equity in recent years (Fulham = £424 million, Man City = £304 million, Chelsea = £340 million), so it's obviously allowed.

Of course, at Cardiff City the fans have been told their owner can't convert all of his debt to equity due to one set of rules or another. If memory serves, Malaysian financial rules were given as the reason at one stage.

Who did that search for you and posted that before you did?

Neil, the fraud currently masquerading as 'Ninian27' took it from a lesser Forum...

The guy has no shame...!

I noticed that too. It's the 9th comment down by TLG. Third time its happened now, just copying from others and posting as his own. Odd.

TLG? Always enjoyed his posts on here...

A quick Google reveals that a number of clubs have had larger sums converted from debt to equity in recent years (Fulham = £424 million, Man City = £304 million, Chelsea = £340 million), so it's obviously allowed.

Of course, at Cardiff City the fans have been told their owner can't convert all of his debt to equity due to one set of rules or another. If memory serves, Malaysian financial rules were given as the reason at one stage.

Who did that search for you and posted that before you did?

Neil, the fraud currently masquerading as 'Ninian27' took it from a lesser Forum...

The guy has no shame...!

I noticed that too. It's the 9th comment down by TLG. Third time its happened now, just copying from others and posting as his own. Odd.

TLG? Always enjoyed his posts on here...

Sven, yes i got them of a TLG post, i respect him and knows whats what

A quick Google reveals that a number of clubs have had larger sums converted from debt to equity in recent years (Fulham = £424 million, Man City = £304 million, Chelsea = £340 million), so it's obviously allowed.

Of course, at Cardiff City the fans have been told their owner can't convert all of his debt to equity due to one set of rules or another. If memory serves, Malaysian financial rules were given as the reason at one stage.

Who did that search for you and posted that before you did?

Neil, the fraud currently masquerading as 'Ninian27' took it from a lesser Forum...

The guy has no shame...!

I noticed that too. It's the 9th comment down by TLG. Third time its happened now, just copying from others and posting as his own. Odd.

TLG? Always enjoyed his posts on here...

Sven, yes i got them of a TLG post, i respect him and knows whats what

Then give the (far more creditable) guy the credit for his own posts rather than posting them as your own...

People are not stupid...

A quick Google reveals that a number of clubs have had larger sums converted from debt to equity in recent years (Fulham = £424 million, Man City = £304 million, Chelsea = £340 million), so it's obviously allowed.

Of course, at Cardiff City the fans have been told their owner can't convert all of his debt to equity due to one set of rules or another. If memory serves, Malaysian financial rules were given as the reason at one stage.

Who did that search for you and posted that before you did?

Neil, the fraud currently masquerading as 'Ninian27' took it from a lesser Forum...

The guy has no shame...!

I noticed that too. It's the 9th comment down by TLG. Third time its happened now, just copying from others and posting as his own. Odd.

TLG? Always enjoyed his posts on here...

Sven, yes i got them of a TLG post, i respect him and knows whats what

Off not of

Don't Understand this One at All - Stoke are/can be One Of the riches clubs in this League

Bet365 - Are the biggest On Line Betting Company in the UK .

Tan promised he would do the same but we're still waiting..

Tan promised he would do the same but we're still waiting..

He certainly did Jack, 3 times in the last 12 years.