Burnley announce record £30million profits and clear their debts after one-season Premier League stay

Burnley have cleared their debts after posting record £30.14million profits.

The figures up until June 2015, show Burnley turned a £7.6million loss the previous year into a huge profit because of their return to the Premier League.

Chairman Mike Garlick says the Championship leaders have used the money to pay off their £10million debts and spend £10million upgrading their training facilities at Gawthorpe.

He said: "A net profit of £30.1million is not only the biggest recorded by the club, but also one of the highest in the Premier League as a whole.

"In times of boom and bust for many clubs in the world of football, we continue to be regarded by many as a role model of how to run a club in the modern era."

[Mirror]

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