BURNLEY have blasted suggestions they are on the verge of being placed into administration.

Some reports have claimed the cash-strapped Clarets face financial melt-down in the wake of a gloomy annual general meeting.

Chief executive Dave Edmundson was reported to have told a tabloid newspaper: "You cannot rule out administration" after projected annual losses of £2.3m were revealed to shareholders only last week.

But Edmundson quantified his stance, insisting: "I have never spoken to this newspaper. It is nothing more than sensationalised reporting cobbled together from an old radio interview and I feel I have to make our position clear.

"The suggestion that administration is the only way to go is absolute nonsense. At the moment administration is still one option, but it is at the right bottom of our long list.

"As we explained at the AGM, we are trying everything we can to alleviate the current position we find ourselves in, and although we have seen other clubs go into administration, the circumstances are that the board of directors are discussing every single possibility to fill this cash hole.

"Naturally, you look at benefactors, someone loaning money and the financial institutions. Everything is being done that can be done."

Meanwhile, Clarets striker Ian Moore reckons the new year cannot come quickly enough for Stan Ternent's men.

Four straight defeats have focused everyone's minds on the perilous position the club finds itself at the end of a turbulent year.

But £1m striker Moore is confident the Clarets can put the smile back on fans' faces over the second half of the campaign.

Moore said: "In the past, we we've had a good second half to the season and we have to do that again.

"We can use that as a spur to try and get a few wins together and become a hard team to beat again.

"It's all about organisation and concentration because a lot of our defeats have been put down to individual mistakes.

"We seem to have gifted so many goals and that seems to be the main problem the gaffer is on to us about all the time.

"We gift-wrap goals and other teams seem to be capitalising on every single mistake, whereas Robbie Blake and I never seem to be on the receiving end to score goals like that.

"We have to work for our chances and make our own luck.

Burnley boss Stan Ternent has confirmed that winger Glen Little will be sidelined for at least another fortnight after picking up a hamstring injury at Crewe on Boxing Day.

Little will miss the FA Cup third round tie at Mansfield this weekend, followed by the massive First Division clash with Crystal Palace on Saturday, January 10.

The home game against West Brom a week later therefore seems a likely target for his return.