Skip to content
Saturday 25 July 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE
City PM

European business, markets and politics

FTSE 100
10,736.23
+0.91%
DAX
25,099.00
+1.36%
CAC 40
8,372.28
+0.88%
STOXX 50
6,280.94
+1.14%
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
More
GermanyFranceBankingAIEnergyFintechPropertyCapital Markets
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
  • DE
Monday 29 July 2019 7:09 pm

Millwall season preview: Lions sticking to their own path in bid to avoid costly Championship drop

By: Felix Keith

Add as a preferred source on Google
LONDON, ENGLAND - APRIL 19: Neil Harris, Manager of Millwall looks on prior to the Sky Bet Championship match between Millwall and Brentford at The Den on April 19, 2019 in London, England. (Photo by Warren Little/Getty Images)
Millwall boss Neil Harris is the longest-serving manager in the Championship (Getty Images)

Millwall are playing a different game to the majority of their competitors in the Championship.

Financially restricted and strategically conservative, the Lions are the antithesis of those former Premier League clubs spending big, desperate to make it back to the promised land.

While others have shown little patience, chopping and changing managers, Millwall have stuck with Neil Harris, the longest-serving boss in the division and the seventh overall in the English Football League through thick and thin.

Read more: Fulham ‘cautiously optimistic’ of bouncing back to the Premier League

Having “exceeded expectations”, according to their most recent financial statement, by finishing eighth in 2017-18 they eventually came out the right side of a relegation scrap last season, securing their Championship status with two games to spare before finishing 21st.

LONDON, ENGLAND - JANUARY 26: General view outside the stadium prior to the FA Cup Fourth Round match between Millwall and Everton at The Den on January 26, 2019 in London, United Kingdom.  (Photo by Justin Setterfield/Getty Images)
Millwall reached the quarter-finals of the FA Cup last season, beating Hull City, Everton and AFC Wimbledon (Getty Images)

The club’s may state the main football objective is to “become an established Championship side”, their statement added, but in reality this campaign, which starts at The Den against Preston on Saturday, is to avoid relegation once again.

Anything else is a bonus because Millwall are not set up to reach for the stars. The 2017-18 accounts show the club’s wage budget of £13m was the third lowest in the division, after Barnsley (£9m) and Burton Albion (£8m), who were both relegated.

Financial reality

Although like 18 others that season they recorded a loss, their £5m was a reduction from the previous campaign and minuscule compared with others. In fact Millwall have lost around £65m over the last 10 years and have not nearly broken even since 2004; losses are the reality for many.

While they did bring in a club-record £8m fee for midfielder George Saville to Middlesbrough last summer, Millwall don’t tend to make much money from transfers. Their revenue of £16m in 2017-18 was the sixth lowest in the second tier, with their record signing Tom Bradshaw costing £1.5m – a far cry from their competitors’ top spends.

SOUTHEND, ENGLAND - JULY 24: Tom Bradshaw of Millwall looks on during the Pre-Season Friendly match between Southend and Millwall at Roots Hall on July 24, 2019 in Southend, England. (Photo by James Chance/Getty Images)
Tom Bradshaw is Millwall’s record signing at £1.5m from Barnsley (Getty Images)

In many ways Millwall are an old fashioned, traditional outfit, with the club bemoaning the impact of Premier League parachute payments, which have pushed up transfer fees and player salaries, in their financial statement.

Read more

London Lions in EuroLeague franchise bid – but may have to quit Super League Basketball

London Lions basketball team in action during a game, showcasing dynamic play and teamwork on the court.

There is a concern among fans that this season they could fall behind those throwing around their financial might. Last year’s top scorer Lee Gregory, who has reached double figures in the last four seasons, left for Stoke City and his replacements may struggle to fill his boots.

Replacing goals

Matt Smith and Jon Dadi Bodvarsson were signed for modest fees from Queens Park Rangers and Reading respectively and, although they both fit the physical blueprint of Harris’s playing style, neither are prolific in front of goal.

Bradshaw is back from a knee ligament injury which ruined his first season with the Lions and will be expected to provide a return on Millwall’s record transfer fee.

Read more: How the Bowyer effect can inspire Charlton in Championship campaign

In many ways, though, the most important man at The Den is the manager.

LONDON, ENGLAND - APRIL 19: Lee Gregory of Millwall celebrates after scoring his team's first goal during the Sky Bet Championship match between Millwall and Brentford at The Den on April 19, 2019 in London, England. (Photo by Warren Little/Getty Images)
Top-scorer Lee Gregory, who joined Stoke City this summer, will be hard to replace (Getty Images)

Harris spent 10 years at the club as a player over two spells and he embodies Millwall’s approach, striving to get the most out of the players at his disposal.

His direct, no-nonsense ethos may not be to everyone’s taste, but considering the financial advantages his opponents have, the Lions’ relatively limited resources and realistic ultimate goal, it serves a purpose.

If he can once again keep Millwall’s head above water in the rapidly rising tides of the Championship then the ends will certainly justify the means.

Main image credit: Getty Images

Read more

Football may not come home but US investors will still cash cheques here

GettyImages 2278935920 likely depicts a relevant scene or subject based on the unspecified context provided in the article.

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • Life&Style

Categories

  • Sport

Related Topics

  • Football

Trending Articles

  • BT braces for loss of 800,000 customers as it banks on fibre to keep turnaround ‘on track’

  • Wise denied US banking licence in blow to expansion plans

  • Regulator flags BDO’s ‘unacceptable’ audit issues for fifth year in a row 

  • Housebuilder hits a wall: How did Vistry become the UK’s most shorted stock?

  • Greek wine perfectly suits summer. These 5 bottles are the best

More from City PM

  • London Lions in EuroLeague franchise bid – but may have to quit Super League Basketball

    Sport Business
    London Lions basketball team in action during a game, showcasing dynamic play and teamwork on the court.
  • Football may not come home but US investors will still cash cheques here

    Sport Business
    GettyImages 2278935920 likely depicts a relevant scene or subject based on the unspecified context provided in the article.
  • Football ‘muddling through’ in face of growing ‘tensions’, says Boston Consulting Group

    Sport Business
    GettyImages logo displayed prominently over a blurred, vibrant cityscape background, evoking themes of media and technology.
  • Deloitte warns of ‘challenges ahead’ for European football despite €40bn milestone

    Sport Business
    Getty Images logo on office building exterior under clear blue sky, representing global media and stock photography company
  • Brentford FC stadium to host rugby union franchise sevens finals

    Sport Business
    GettyImages 2244438763 depicts a significant business event highlighting key industry leaders in a networking session.
  • Why do six Premier League clubs still not have front of shirt sponsors?

    Sport Business
    Without the article title or content, its challenging to provide specific alt text. Please provide more context or details...
  • SailGP, rugby and PJL: Inside the new £50m budget sporting asset class

    Sport Business
    Getty Images logo on a digital screen, representing media and stock photography in a business news context
  • Will the Nations Championship financially underdeliver for in-need Fiji?

    Sport Business
    Getty Images logo displayed prominently on a digital screen, symbolizing the brands visual content prowess and media prese...
CityPM

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Business

  • Markets
  • Banking
  • Technology
  • Energy
  • Property
  • Fintech

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About City PM
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 City PM Ltd · Published by CityPM Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook