According to Burnley operational director Brendan Flood, boss Eddie Howe will have money to spend in the January transfer window.
Flood maintained the Championship club must reduce costs in order to become self-sustainable, but insisted the Clarets chief will have the board's backing.
"We will support him in every way we can," Flood told the Lancashire Telegraph.
"The brief he operates to is if he presents a case for a new player that represents good value and an opportunity for the club and the team to become better then we try to support him."
Flood added: "The message to fans is that we've got to be ambitious but we have got to be realistic. Now we are spending about £12million on wages. For the playing squad in the promotion season, that was about £9m, so we are investing more than we were the last time around."