Berylson puts his money where his mouth is

Millwall Chairman John Berylson made a further financial commitment to the club today, ensuring The Lions immediate future.

After a fortnight of speculation and rumour, the club made an announcement on the stockmarket this morning confirming an additional £3 million loan deal with Chestnut Hill Ventures LLC, with the aim to use the loan for its "working capital requirements".

With club still not safe from relegation, it is an extraordinary move by Berylson, who has always stated that he is here for the football, as well as the much-mooted regeneration.

"The Board is delighted that John has demonstrated his continued support both for the team and the company," Executive Deputy Chairman Heather Rabbatts told the club's official website. "No-one is under any illusion that we face a vital game against Gillingham at The Den on Saturday and there is still a difficult period to negotiate before the end of the season.

"However, what we now have at Millwall is much needed financial stability and leadership and this news is a timely boost for the manager, players, staff, fans and shareholders alike.

"Going forward we are confident that the club is in very good hands and the Chairman is planning for a bright future both for the Football Club and the Company."