SEAN Dyche hailed the Clarets continued success on and off the pitch as an ‘unbelievable story’ after welcoming the club’s latest financial results.
The accounts for the 2015/16 season, released on Wednesday, showed Burnley had posted a £3.7million loss during a season in which they won the Championship title, securing an immediate Premier League return in the process.
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That loss included promotion bonuses of more than £11million paid out to players and staff and the Clarets are set for a bumper profit this year, with their share of the TV rights deal likely to top £100million if they stay up.
The £3.7million loss came on the back of the 2014-15 accounts when Burnley posted a profit of £30.1million, which was used to pay for the redevelopment of the Gawthorpe training ground as well as settling all loans.
And Dyche said the Clarets were in fantastic shape moving forward, although he believes it will need time for the dust to settle before people realise quite what a success story this period of the club’s history has been.
“The club is in unbelievable shape, because of all the people involved. It’s an unbelievable story,” he said.
“But, we all know, you’re only judged on the next game, and being in the Premier League.
“In five years’ time, if you looked at this as a period, unbelievable, on the pitch, off the pitch, assets, development, training ground, money in the bank, club well run, wages at a sensible level, fees at sensible level - big for Burnley, but if you look at the market not that big.”
Burnley have broken their transfer record three times this season but it still only stands at a very moderate, for Premier League standards, £13million.
Dyche believes securing that return to the Premier League on those financial results was another major achievement for the club.
“To come out of the Premier League and only lose £3m - I bet there’s not many done that,” he said.
“And we got £30m the year before, and got assets on the pitch like never before, and got a new training ground paid for, and all the loans paid for, all the leases.”
Burnley’s rude financial health means they won’t be any need to sell any of those assets this summer, even if the likes of Michael Keane and Andre Gray are likely to attract bids that would smash the club’s record for a sale.
“There’s only Charlie Austin, in my time here, where we’ve had to sell a player,” Dyche said.
“We’ve never had to sell, apart from that one, where he was running out of contract, the club needed the money, literally needed the money.
“Since then, we’ve been in good shape.”
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