On October 4, according to The Guardian, Burnley is currently trapped in a severe athletic and financial crisis. The team, which rapidly secured promotion under Vincent Kompany's management, is now struggling not only in the Championship but also facing serious financial problems, with debts around 165 million euros.

The Guardian recently published a detailed report on Burnley's current situation, noting that the club's existing debts and management issues have caused some fans to worry about the team's long-term survival.
In April 2024, under Scott Parker's management, Burnley secured promotion back to the Premier League. At the time, the club replayed highlights of its history on the big screen, including the promotion. Comments like "Burnley returns to the top tier" filled fans with anticipation.
However, just over a year later, Burnley was relegated back to the Championship, and a quick return to the Premier League now seems like a distant dream.
From a sporting perspective, Burnley's current situation is also far from optimistic. Since the start of the new Championship season, the team has struggled to find consistent form, putting increasing pressure on head coach Nicky Hayen. In the match against Derby County, Burnley led through a header from Zeki Amdouni but conceded a spectacular long-range strike from Mohamed Fofana in extra time, ultimately earning only a point.
This draw means Burnley's home league winless streak may have extended to nearly a year. The team's last home league win at Turf Moor came on October 18, 2024, and their last competitive win in 90 minutes was on February 11, 2025.
After the match, Hayen's position as manager came under question again.
Hayen stated he would fight to keep his role and was ready to communicate with club chairman Alan Pace, but he could not guarantee he would still be managing the team for the away fixture against Watford on October 10.
"I can understand the fans' frustration. A start like this is clearly not what they want to see from the team, nor from me. This is my responsibility. But I have always shown resilience, and I will always fight. We need to use this international break to change many things."
However, according to The Guardian, what Burnley fans are actually concerned about now may be more than just the future of the head coach.
After Burnley's home defeat to Bristol City, some fans called for chairman Pace to resign. Facing growing discontent, Pace had previously called for unity among fans in a matchday program, but the club's internal financial problems and management instability clearly remain unresolved.
The Guardian notes that Burnley currently has external debts of around £142 million, while Pace's ALK Capital also owes the club around £81 million. These debts are related to the leveraged buyout completed in December 2020, drawing comparisons between Burnley's current ownership structure and the Glazer family's takeover of Manchester United.
Meanwhile, club CEO James Holroyd recently resigned. Holroyd served at Burnley for only 15 months, having previously worked for the Glazer family at Manchester United. His departure is seen as another sign of deteriorating internal problems within the club's management ranks.
The Guardian also previously reported that Burnley's current debts total around 165 million euros. For a team that has just been relegated from the Premier League to the Championship, this financial situation is deeply concerning.
Typically, Premier League teams that are relegated still have significant economic advantages. Thanks to large Premier League revenues and parachute payments, many teams have sufficient funds after relegation to overhaul their squads and target immediate promotion back to the Premier League the following season.
In fact, since the 2019/20 season, at least one relegated English football team has successfully returned to the Premier League the next year.
Burnley itself has completed this cycle twice.
The team was relegated from the Premier League in 2022, then returned to the top tier in 2023; after being relegated again in 2024, they again secured Premier League qualification in 2025. It was Vincent Kompany who led the team to promotion in 2023, with Burnley playing extreme attacking football and winning the Championship with 101 points. Kompany's coaching performance that season also attracted the attention of Bayern Munich, and he eventually moved to Germany in the summer of 2024.
But the current Burnley can hardly repeat past success.
The Guardian notes that after several promotions and relegations in recent years, the club's financial situation has deteriorated significantly. While parachute payments can ease pressure to a certain extent, Burnley no longer has the abundant cash reserves it once did.
Before Pace and ALK Capital took over the club, Burnley played in the Premier League for five consecutive seasons under Sean Dyche. During that period, although the team was not wealthy, they were relatively financially stable, and the club even had no debt at one point.
Today, such stability seems very distant.
Financial pressure has even begun to directly affect the team's recruitment.
Burnley has frequently adjusted its squad over the past few seasons and invested some funds in transfers, but the fact that the £20 million generated from the sale of Ché Adams this summer was not used to recruit a new striker has raised particular concerns.
Adams performed well during his time at Burnley last season, scoring 11 goals in the Premier League in 2024/25 before moving to Ipswich for £20 million.
Burnley ultimately chose to emergency recruit the 39-year-old Jamie Vardy after the transfer window closed. Although Vardy has extensive Premier League experience, he has not been a stable attacking solution for the team since arriving at Burnley, making only two brief appearances so far.
In the Derby County match, Hayen also brought Vardy on late in the game, hoping to use his experience to help the team maintain their lead, but Burnley ultimately conceded in extra time.
As the team's athletic performance continues to decline, there is also clear instability in club management.
For Burnley, the question is no longer simply "when can we return to the Premier League," but whether the team can simultaneously avoid further deterioration in both athletic and financial terms.
Currently, Burnley sits at the bottom of the Championship table, and their home league winless streak continues. Meanwhile, debts of around 165 million euros, the debt relationship between the club and its owner, and the departure of senior personnel all cast a shadow over the team's future.
The Guardian even suggests that some Burnley fans are beginning to worry that if these debts are not handled well, the club could face more severe existential problems.
From the Premier League to the Championship, and from the expectation of promotion to financial crisis, Burnley's current situation has changed dramatically compared to the Kompany era. In the past, they could rely on Premier League revenues and financial gains from promotion to continue rebuilding; now, the primary issue they may need to resolve is their own financial problems.
For Hayen, the upcoming international break may be an opportunity to adjust the team; but for Pace and Burnley's management, the real problems that need to be solved clearly extend far beyond the tenure of the head coach.
If the team cannot quickly improve its athletic performance and simultaneously address mounting debts and management issues, the crisis facing Burnley may well continue to escalate.
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