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

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."

TEAMtalk Facebook Fan Page

The TEAMtalk fan page is a great place to meet like minded people, have football related discussions and make new friends.

Related News

Most Commented

Readers' Comments

E

ven if United were to sign CR7 & Messi to play upfront, the fact remains Fletcher and Cleverly are playing in midfield. That's where the problem is. Fletcher is too slow with an awful pass, while Cleverly is simply rubbish

mrunited4life
Di Maria - A Signing of Necessity, or Opportunity?

T

hese days, these days, you can't say something racist without somebody saying that you're a racist.

tk421
'Wrong' Views Not Silenced By Shouting...

D

rop Rooney (he's so disappointing, overrated and overpaid), and play Di Maria and RVP upfront, much like the set up at the Netherlands team with Roben and RVP...

eric bush3
Di Maria - A Signing of Necessity, or Opportunity?

Footer 365

Transfer Deadline Day: Hull City splash out but Radamel Falcao move to Manchester United makes headlines

Hull were the most active club on deadline day but it was Man Utd's signing of Radamel Falcao which grabbed headlines.

Transfer news: Radamel Falcao joins Manchester United from Monaco on season-long loan

Manchester United have signed Monaco striker Radamel Falcao on a season-long loan with an option to buy.

Transfer news: Hatem Ben Arfa leaves it late to join Hull City on loan

Hull City have signed midfielder Hatem Ben Arfa on a season-long loan from Premier League rivals Newcastle.

Mail Box

Danny Welbeck - Yes, No And Maybe

And understandably busy Mailbox with the instant reactions with those happy and sad on their club's transfer dealings. On Welbeck, Arsenal, United, Spurs and loans...

It's That Time Again: 'Wenger Out'

Are Arsenal fans the ficklest in the Premier League? That's one question in the mailbox as Gooners call for Wenger to leave (again). Plus, plenty of reaction to Falcao...

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