£5.2million loss

Millwall have announced a £5.2million loss in the last financial year but that's less than the previous year.

The loss, for the year up to June 30, is an improvement on last year's loss of £6.1million, despite failing to achieve promotion from League One.

The Lions narrowly missed out on promotion to the Championship last season, being beaten by Scunthorpe in the play-off final at Wembley.

Manager Kenny Jackett has been shrewd in the transfer market, improving his squad without spending a lot of money and Millwall currently lie just outside the play-off places.

They are also enjoying an FA Cup run and will hope to beat non-league Staines Town in their second round tie next week to be in with a chance of netting a lucrative tie against a Premier League club.

Chairman John G Berylson acknowledged the progress the Lions have made under Jackett and confirmed he is committed to continue investing in the club.

He said: "We went very close to winning promotion and that near miss has only made us more determined to achieve it in the very near future.

"I believe the key to our renewed success is that we have achieved a level of stability that is just beginning to pay off.

"Due to the financial uncertainty in today's world we have continued to fund the company and are very conscious of the financial issues facing football clubs at all levels from Conference to Premiership.

"As I have said many time before, this is a very special football club and if we all pull together and continue to work hard it will be a successful one."