The Financial Times reports that the parent company of Iran International TV has strengthened its financial position by converting approximately £650 million of debt into equity. This strategic move aims to stabilize the UK-based broadcaster's balance sheet.
The debt-to-equity conversion took place last December. Iran International, which also owns Afghanistan International, has been heavily funded by undisclosed British and Saudi investors since its launch in 2017, leading to internal concerns about editorial independence.
Network spokespersons have strongly denied receiving direct funding from any government, including Saudi Arabia or Israel. Due to increasing security threats from the Iranian government, the network now operates primarily as an online streaming service in the UK.
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