Burnley admit they face a £65million penalty if they are relegated from the Premier League.

The bill is due to an early repayment clause in a loan taken out by the club's new owners, says the Daily Mail.

The club's 2020-21 accounts confirm the existence of the clause, which state the balance of the £65m loan will be due if Burnley are relegated before 2026.

The loan is interest only until December 2025, with repayments at eight per cent, but relegation will bring forward the repayment date.

The club would also lose £50m in TV and prize money in their first season after relegation, with more losses to follow, leading to a fire sale of players.