In the latest accounts, it is confirmed that £102m-worth of debt has been taken on through two of its holding companies, £65m to Burnley FC Holdings Ltd and £37m to the Burnley Football and Athletic Company.
On the £65m loan specifically, it is outlined in the accounts that it attracts 8% annual interest. Only interest payments are made until December 2025, when the entire sum due is due to be repaid.
However, relegation brings that repayment date forward significantly, with a further "significant reduction of the loan balance" due in what is described as "a continuing relegation scenario" - if the club failed to return to the top flight.
"The balance can potentially be settled by various means, and the group's reserves are sufficient to enable a significant proportion of the balance to be settled by way of dividends if required," the accounts say.
They add that there would be "a significant reduction in wages and salaries" upon relegation, as well as money from the sale of players, "as is common for many clubs relegated from the Premier League".
The club has £50m in reserves - down from £80m in last year's financial results.
Over the year to July 2021, the club's turnover fell from £134m to £115m, which the club said was driven by "the lack of fan attendance" due to Covid restrictions "and the lower placed league finish at 17th".
It means the club recorded a £3m pre-tax loss.
The accounts also state that following the end of the reporting period, Burnley advanced £10m to a "fellow group company".
[
source]