Burnley would face ‘significant’ loan repayment if relegated

Burnley will face a “significant” loan repayment if relegated this season (Richard Sellers/PA)

The stakes at play in Burnley’s fight against relegation have been brought into sharp relief after the club’s financial results showed they would face a “significant” loan repayment if they drop into the Championship.

Financial results for last season, during which ALK Capital completed a leveraged takeover, show the club suffered a pre-tax loss of £3million after the absence of fans during the pandemic saw turnover fall from £134million to £115million, while the club finished the season with £50million cash in hand.