Clarets chairman Garlick remains ambitious despite reduced profits
Burnley will have lower profits than the last time they were in the Premier League according to chairman Mike Garlick but he insists the Clarets will be much-improved for their second successive season in the top flight.
Strong home form helped Burnley to avoid relegation, although a late-season slump saw them finish 16th in the table.
So far this summer they have not brought in any new players, while Joey Barton and Michael Kightly are among those to have been released.
But Garlick insists Burnley will be investing so they are stronger next season than they were on their return to the league.
Photo by Jan Kruger/Getty Images
He said: “Our major objective when the window closes up for this season is that when that happens we’ve got to be stronger than we are sat here today,” he said.
“Will that be hard work? Yes. Will we able to achieve it? I believe we can.
“I think it’s fair to say going forward we will spend more on transfer fees in the coming season than we did last. And player wages aren’t going down.
“There’s a few factors we have to take into account. The profits will be very healthy. They will actually be a little shade lower than they were last time in the Premier League.
“Why is that? First of all we’ve spent £32million on players this time around rather than £12million last time. All the improvements we’ve put into the training ground and stadium kicked in in the last financial year, not the time we were in the Premier League before. Players’ wages have gone up. You add all those things together, yes, still very profitable but a tiny, tiny bit below last time.”
