Sean Dyche insisted there are no regrets despite seeing the Clarets lose their proud Premier League status.
The Clarets boss feels the club goes down in a healthy positon to bounce back, with the aim of retaining the nucleus of the squad.
“I don’t have any regrets. If there are any decisions go against you, you only hope they will balance out over the season,” he said.
“There was a collective decision made about the spending and a lot is made of that.
“It just wasn’t a market that was needing an extra £2m or £3m. It is a market that has jumped up to £7m, £8m or £9m, so when you are building a squad in the Premier League, how many of those can you bring in before a club is in real trouble? That’s the balance!
“We all know that half the Championship have massive debts with owners who are very wealthy and willing to run with those debts.
“We haven’t got that. The Board are all Burnley people who care passionately about the club, but they haven’t got huge bank accounts where they can write off tens of millions of pounds.
“So it’s not about regret. It’s about realities and that is the reality of this football club.”
The Clarets will now look to end the season in positive mood, before Dyche plots a summer of wheeling and dealing to reshape his squad for another tilt at the top flight.
He added: “There are no guarantees because the Championship is not an easy league. But we think we are powerful and we like the group we’ve got and know we can add to it.
“But that’s for another day. For this moment there’s disappointment, but when we look at the two-and-a-half years I’ve been here as a whole, there have been massive strides.
“Most of the players here are under contract and good contracts too, so we’re happy with the group and we know we can add to it.
“There has been so much growth in the club since I’ve been here, so it’s disappointing.
“I want to win and be in the Premier League, like everyone else does. We’ve had a season of being in there and now we’re not, so the challenge is to get back in there.
“There has been great growth in the players and I am absolutely sure of that. I can see it with my own eyes how they operate now, compared to the beginning of the season.
“They’re a completely different animal. The mentality has been superb.
“Remember this is a group who have been getting knocked constantly so to deal with that, keep performing and never be on the back foot is a great skill in itself.”