Keeping a tight rein at Turf Moor
It was quite interesting for me at the Premier League AGM because you have these American businessmen who are trying to make a business on borrowed money, then you have the vanity owners from Eastern Europe and the Middle East who view their clubs as a racehorse or a Derby winner.
“It was interesting to see because, in comparison, we were probably a little bit of an anachronism. But I hope we’re a positive throwback, the club that shows it can still be done the old-fashioned way.”
Burnley might pay a heavy price for Kilby’s prudent approach. It could see the club relegated after just one season in the Premier League. But only the likes Bernie Madoff or Nick Leeson would suggest Kilby’s business plan is flawed in comparison to the Glazers’.
So what if Burnley are relegated? They will go down in a much healthier financial state than any club before them thanks to Kilby’s refusal to put money before sense.
United won’t be relegated this season. They might even win a fourth successive Premier League title. But the money they bank this season won’t even touch the sides of the pit of debt that the Glazers have dug for the club.
The empire that Alex Ferguson built, with the help of the likes of Bryan Robson, Eric Cantona, Roy Keane, David Beckham and Cristiano Ronaldo, is now threatened – not only by rivals on the pitch, but by the financial shortcomings of the club’s owners.
Barry Kilby has a feel for his club and a determination to ensure that it has a strong and stable future. Unfortunately for Manchester United, you cannot say the same for the Glazers. – The Telegraph
Burnley chairman Barry Kilby
Burnley manager Brian Laws