How landmark Everton compensation prevented Burnley record loss

The three influxes of money helped reduce the debt, and heavy interest repayments.

The club's debt now stands at £62.9m, more than half what it was in 2024-25.

But remember, Burnley had been debt free before the takeover.

There was further improvement, too.

Bank loans have reduced from £105m to £70.1m.

Burnley had also, in recent seasons, mortgaged off future transfer instalments for a one-off payment from the bank, called 'debt factoring'.

Previously at £37m, they reduced it to £16.1m.

This all looks good, but is still reliant on the payment from Everton. If the Toffees do win their appeal, the picture looks very different.