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Daily Mirror
Daily Mirror
Sport
Jonty Colman

Burnley face financial chaos with 'significant' loan repayment if relegated

Burnley will have to pay back a significant portion of their £65m loan that the club took out when being taken over by ALK Captial in December 2020.

The Clarets, who sacked manager Sean Dyche last month, have been in a good run of form under caretaker boss Mike Jackson, with three wins and a draw from his four games in charge of the Clarets moving them from the relegation zone to 16 th and two points clear of the relegation zone with only just four matches of the campaign.

Burnley ’s upturn in form under Jackson has boosted their chances of survival, but their safety is by no means assured. If the Clarets do however get relegated, what would be their first drop down to the Championship since getting promoted from it in the 2015/16 season, it will cost them a significant outlay.

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