Lions increase loan facility

Millwall have announced an increased loan facility of £20million with their majority shareholder Chestnut Hill Ventures to run until 2015.

Last Updated: 22/11/12 at 15:22 Post Comment

Kenny Jackett: Shareholder committed to the club

Kenny Jackett: Shareholder committed to the club

Free £50 bet

Daily Offers and Promotions, sign up for a free £50 matched bet

The agreement comes after the club posted losses of £4million for the last 12 months, an increase of £3.4million from the previous year.

In a statement on the Lions' website, chairman John G Berylson, who also runs CHV, said: "This shows our continued commitment to Millwall FC.

"We have stated in the past that we see this as a long term plan and I am delighted the club continues to make progress both on and off the field.

"Too many clubs in the past have gone through boom and bust in their attempts to get to the Premier League. Millwall is committed to getting there in a sensible way that doesn't threaten the club's long-term viability.

"Developing The Den and our surrounding area will help to future proof our prospects and success."

Free £50 bet

Daily Offers and Promotions, sign up for a free £50 matched bet

Related News

Most Commented

Readers' Comments

H

e made his power play to try and get Sheikhy to raise his wages or trade him to PSG. PSG were probably not interested and he is stuck with no cake and no vacation. @Jay_D> Surely you jest about FFP being real, right? All Platini is doing is making billionaries pay measly fines, so he and his cronies can get rich. If a fool can pay 50 mil for David Luiz, he will happily pay some fine to UEFA. FFP has failed as for it to succeed UEFA had to take it...

Synergy
Toure: I am staying with City

G

uess we can expect Toure's explanation of his behaviour around the same time Pete Townshend publishes his book then.

ceeps
Toure: I am staying with City

D

amn you Yaya, don't scare me like that! I only ate the icing. I didn't eat the soft and scrumptious middle - I will buy you another cake!

MCFC87
Toure: I am staying with City

Footer 365

Dunga will be the replacement for Luiz Felipe Scolari as manager of Brazil

Brazil have appointed Dunga as their new national team manager following the resignation of Luiz Felipe Scolari.

Transfer News: Real Madrid sign James Rodriguez from Monaco in £63million deal

Real Madrid have signed Colombian star James Rodriguez from Monaco in a £63million deal.

Friendly: Siem de Jong and Emmanuel Riviere score in Newcastle victory

Debutant Emmanuel Riviere was amongst the scorers as Newcastle cruised to an emotional 4-0 friendly win over Sydney FC.

Mail Box

Anyone But Rooney. Or Baines. Or Hart.

There isn't a great deal of excitement in the Mailbox regarding England's potential new captain, but we have good stuff on Gerrard's development and a one club man team...

Goodbye Patrice And Farewell Steven...

Man United fans say a fond farewell to Patrice Evra in the mailbox while there are also thoughts on Steven Gerrard's retirement from England duty. Plus, some rare cricket bantz...

© 2014 British Sky Broadcasting Ltd. All Rights Reserved A Sky Sports Digital Media property