The exit terms are understood to be the same as those in his previous contract at Turf Moor, with Burnley obliged to release Dyche if another club pay them his wages for 12 months.
Dyche has previously attracted interest from West Ham, Everton and Crystal Palace without any of them making a formal offer to him or Burnley, although that could change if he continues to keep the club in the Premier League on a modest budget.
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