Millwall cuts its losses

Millwall Rugby Club has increased turnover and reduced operational losses in the last financial year.

Millwall Holdings plc has revealed that turnover has increased by 15% which in turn has helped bring operational losses down 22% for the twelve months up until June 2010.

In an attempt to further improve finances by reducing borrowings and interest charges, Millwall has made an Open Offer to all shareholders which could generate as much as