Millwall announce £300,000 loss in annual accounts
· Yahoo Sports
Championship promotion chasers Millwall have announced a pre-tax loss of £300,000 for the most recent financial year.
The Lions' accounts were aided by generating a £21.6m profit from player sales with the moves of Zian Flemming, to Burnley, and Romain Esse, to Crystal Palace, commanding significant fees.
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The club - currently third in the Championship, one point off the automatic promotion places - made a loss of £19.1m the previous year.
During the 12 months since, Millwall's wage bill has increased by 12% to £28.6m which is 120% of their total revenue.
They invested £7.4m into their training facilities with a large portion of that sum going into buying the freehold to the Calmont Road training ground.
"The 2024-25 season represented one of real change at the football club, with record level of playing squad and infrastructure investment in line with our long-term plan," Millwall managing director Mark Fairbrother said in a statement.
"The catalyst for this change was helped through the sale of Zian and Romain and allowed for the reinvestment of these proceeds to drive the club forward on all fronts.
"During the year, the chairman [James Berylson] invested a further £15.7m into the club and the support of the Berylson family, along with their passion and drive is invaluable to the club, and we remain extremely appreciative of this support and commitment."
The club's total revenue increased by £2.5m - to £29.3m - compared to the previous season which was largely down to the new EFL broadcasting rights deal with Sky Sports but staff costs, or wages, rose £3m from £25.6m to £28.6m.
Matchday income fell slightly from £7.4m in 2024 to £7.3m in 2025, as a result of a slight reduction in total matchday attendances for the season largely driven by lower season ticket sales.