Losses of £9million:

[Southwark_Lion_MFC]

Millwall have posted losses of £9million for the 2013/2014 football season.

Here are extracts from the write-up of Alex Aldridge:

"Last campaign, revenue fell by almost 20% from £12.8m to £10.5m.

Staff costs rose to £13.9m from £12.1m – owing to the termination of Steve Lomas' contract, Ian Holloway's appointment and the use of 40 players during the year.

There was a 20% decrease in match-day revenue despite an increased average attendance of 11,182, while retail sales dropped by 13.4%.

Millwall donated the branding on their shirts to Prostate Cancer UK, meaning there was a 28.9% drop in advertising and sponsorship revenue.
But income from non match-day conferencing and events was boosted by 33%.

The Lions spent £823,000 recruiting players, receiving £369,000 in sales.

In addition to the £9m operating loss, the club's financial expenses totalled £2.8m, meaning there was a total loss of £11.7m."

We all knew that we'd be taking an increased loss when Millwall FC donated t

[zampa100]

lets hope its small change for our American owners

[thelastrites]

"The Lions spent £823,000 recruiting players"

I remember when we paid 800K on Goddard