Brian Laws has reassured Chris McCann he still has the offer of a new contract on the table on his return to fitness.
McCann, whose current deal expires next summer, is sidelined for at least six months following cruciate knee surgery on Wednesday.
But Clarets boss Laws has vowed to stand by the Irish midfielder and press ahead with existing talks over a contract extension.
He said: "Chris is in the last year of his contract and this (the injury) will not impact on our decisions.
"We expect him to make a full recovery and all it has done is put his career back 12 months.
"What we also expect is to readdress his contractual situation because we are not going to let it run out whatsoever.
"As I said, the welfare of the player is paramount and we have a great deal of time for the lad.
"He has been a fantastic player for this football club... and he will be!
"There is no hesitation at all from our point of view to review his contract and we will be doing that very soon."
Laws admits the news of McCann's setback was a huge body blow, coming just days into the new campaign.
But he insists the player is fully behind the decision to press ahead with an operation that will hopefully lead to a full recovery before the end of the season.
He said: "I had the very same injury 20 odd years ago and I made a full recovery and carried on playing for another 15 years, so this is not career threatening.
"However, if the knee is unstable, it is not going to be strong enough for the rigours of modern day football and clearly, with Chris continuing to have the problem, the alarm bells are ringing too loud for us not to do anything.
"Chris is in a good place though. He is 100 per cent fully behind the decision and happy at the processes we have put in place.
"The welfare of the player is paramount and we must make sure he is 100 per cent in mind and physically.
"We have made all the right decisions now and hopefully we will get back the Chris McCann we all know and love."
A full interview with Brian Laws, discussing Chris McCann's injury in detail and the repercussions, is now available on Clarets Player.
This forms part of tour EXCLUSIVE midweek magazine package BFCTV on Player, which this week also looks into the pitch problems at Turf Moor and carries an exclusive interview with Michael Duff.
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