MILLWALL’S submitted 2022-23 accounts show the owners put £17million into the club over the period – with the Lions’ losses at over £137million since they started trading.
The club made a loss before player sales of £13.7million, which is an eighteen per cent increase on the previous period when the parent company, Millwall Holdings, put in £13million.
But football finance expert Kieran Maguire said Lions supporters have no need to be concerned about potential administration, as the club are within Financial Fair Play thresholds.
However, Maguire did point out “at same time [the club] needs to agree further financial support from parent Co.”
Match-day and television income are up, with Millwall seeing a big increase in their average attendance at The Den.
Maguire called the Championship “the most brutal division in football”, with all clubs making losses.
There was a boost for EFL clubs last month when a new TV deal was agreed.
EFL Chief Executive Trevor Birch said: “These new agreements represent not only guaranteed levels of revenue but also present the League and our 72 clubs with a fantastic opportunity to establish further the EFL as a premium football brand in markets across the world. In Pitch and Relevent we have two partners with an in-depth understanding of the global TV rights markets and that knowledge, coupled with the enthusiasm of their teams, will hopefully ensure we achieve our objective of delivering value to clubs alongside taking EFL football to as wide an audience as possible outside the UK.”
Despite the riches in the Premier League, both Everton and Nottingham Forest have been deducted points following breaches of profit and sustainability rules.
Sheffield United will start next season on minus-two points in the Championship after defaulting on payments to other clubs.
