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