New Burnley co-chairmen John Banasz-Kiewicz and Mike Garlick say they want the team to improve on last season's 13th place finish in the Championship, but not at the risk of the club's financial stability.
The two businessmen, both life-long Burnley's fans, insist they will continue former Chairman Barry Kilby's legacy of 'not betting the ranch' in order to achieve the ultimate goal of Premier League football.
The pair were today officially unveiled at Turf Moor, and replace Kilby after he ended his 13 year stay at the Burnley helm the end of last season following a long battle with cancer.
More top news
More than £1.5 million has been raised in the wake of the terrorist attack in Manchester on Monday night.
Chelsea football club has cancelled a homecoming parade to celebrate their Premier League title win.
Twenty-two people, including children as young as eight, were killed and at least 59 injured during the suicide attack.