Milwall Chairman Upbeat Despite Financial Losses

November 22, 2012

English Championship team, prostate Milwall announced losses of £4m for the last 12 months, up £3.4m on the previous year but the Lions chairman John Berylsonis adamant the club will progress.

Berylson has vowed tp pump in a further £8.5m over the next three years despite the losses.

The American says the investment in staff and players and the planned redevelopment of the land around The Den reflects his commitment to driving the club forward.

“This is a long-term plan and I am delighted the club is making progress on and off the field,” said Berylson.

“The regeneration of the surrounding area at The Den and our commitment to the Millwall Community Scheme shows we are here to stay.

“Too many clubs have gone through boom and bust to get to the Premier League. Millwall is committed to getting there in a sensible way.

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