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

More of the games that matter

Upgrade in minutes or watch with a NOW TV Day Pass.

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

I

f Jose left a mess at Inter Milan then Rafa cleaned it up with a hand grenade and a bag of compost

westwoodbo
Benitez 'tidying up Mourinho's messes'

T

he name of the article is apt as all my wildest dreams will come through if it turns out to be true

parsy12
The Vote Pedro Gossip

Y

ouri Tielemans is everything Jack Wilshere wants to be!

ross1119
F365's Top Ten Breakthrough Stars Of 2015/16

Footer 365

Arsene Wenger responds to Jose Mourinho taunt

Arsene Wenger has brushed off Jose Mourinho's latest taunts after the Chelsea boss said the Gunners' recent spending may come as "a surprise".

Manuel Pellegrini backs Raheem Sterling to justify price

Manuel Pellegrini insists Raheem Sterling will justify his club-record £49million price tag at Manchester City in the coming years.

Jose Mourinho: Arsenal spending way to title contention

Chelsea boss Jose Mourinho says Arsene Wenger is buying his way into Premier League title contention.

Mail Box

Di Maria Just Didn't Fit (S**t Happens)

If a signing doesn't work there doesn't have to be a massive witch hunt. So there. Plus a detailed net spend rant, Breel Embolo, computer games and Louis van Gaal...

The Calculator Is On Wenger's Side...

Over the last five years, Arsenal's net spent is about 55% of Chelsea's, so shush your mouth Jose. Plus, Van Gaal is attacked and defended in equal measure...

© 2015 Sky Ltd. All Rights Reserved A Sky Sports Digital Media company