The Financial Times has reported that the British-based company that owns the media outlet Iran International has converted £650 million in debt into equity in order to strengthen the organization’s operations.
This move was carried out in December 2025, before the start of widespread anti-government protests in Iran.
Critics claim that Iran International promotes pro-war narratives and uses its influence to benefit Reza Pahlavi, the son of Iran’s last Shah.
According to the report,Volant Media UK, the owner of Iran International and Afghanistan International , has incurred losses of more than £410 million over the past five years and had £482 million in outstanding debt.
The company has denied allegations that it receives funding from Saudi Arabia,Israel,or other external sources, stating instead that it is backed by a consortium of private investors. However, it has not disclosed the identities of those investors.
Writer:Salima Hakimi
