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Burnley could be takeover target

The price of football site takes an in depth look at the finances of Burnley: Clarets

Burnley have been beneficiaries of either Premier League membership or parachute payments since 2010, and the sharp spikes in income in 2010, 2015 and 2017 represent the years in which they have been in the top flight. Although it tripled in 2016/17, Burnley’s overall income was the second lowest of Premier League teams last season.

Burnley earned half of the average income in the division, such is the way that money is skewed towards the ‘Big Six’ in the Premier League of Manchester United and City, Liverpool, Arsenal and Spurs.

The article concludes, 'Based on the financials for 2016/17, the club is worth a total of about £350 million using the Markham Multivariate Model. This figure looks a little top heavy, but even so it shows the attraction of the Premier League to investors who might want to risk their money in a club that looks after the pennies and can still win plenty of matches.' There have already been rumours of a takeover bid and I would not be surprised if a serious bid was made at some point.

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