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

N

ow is the time for Allardyce to finally get a chance at a big club please. He is likely to have a number of great offers for his services this summer, but who will he choose? Will it be Liverpool, Real Madrid, Dortmund or Man City?

medina_sod
Allardyce leaves West Ham

I

thought exactly this when the Match of the Day pundits were peddling this line. Is it really not okay for fans of a club to have some ambition these days then?

damoceltic
Bored Of Big Sam? It's Your Right...

H

ow magnanimous off him - to leave if he's asked to by the owners? What's the alternative, bunker down in his office claiming squatter's rights if FSG want rid?

feed the bear
Rodgers: I'll go if owners want

Footer 365

Sepp Blatter lies low as David Cameron joins opposition to FIFA president's re-election

Sepp Blatter held an emergency meeting in Zurich on Thursday morning as David Cameron joined those calling for his head.

David Cameron says that Sepp Blatter should quit FIFA

Prime Minister David Cameron has supported calls for FIFA president Sepp Blatter to quit.

Greg Dyke: Prince Ali can beat Sepp Blatter in FIFA vote

Greg Dyke has told Sky Sports News HQ Sepp Blatter can be beaten if FIFA's presidential election goes ahead on Friday.

Mail Box

Time To Step Up, Mr Platini...

UEFA should step up and extend the Euros to replace FIFA's tarnished World Cup, say a couple of mailboxers. Also: all hail Carlo, King of the Kop, and plenty more Budget XIs...

Vidic Is Part Of United's 'Budget XI'

We have post-2000 budget XIs on behalf of Manchester United, Liverpool, Chelsea and Spurs. Plus gaelic football, FIFA, more awards and the majesty of Il Fenomeno...

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