BURNLEY expect to complete the first phase of their ground redevelopment next summer, whether the Clarets stay in the Premier League this season or not.

Chief executive Paul Fletcher wants demolition of the David Fishwick (Cricket Field) Stand to start in around 12 months’ time, in the hope that it will be ready in time for the beginning of the 2011/12 campaign.

The £15million project is £5m more than the cost predicted when plans for the Turf Moor redevelopment were first unveiled almost three years ago, while the upgrades as a whole are now expected to amount to more than the £20m originally proposed.

But, once completed, Fletcher anticipates the StadiArena facility, which will replace the current David Fishwick Stand and incorporate a 60-bedroom hotel, a 450-seater banqueting suite and a 35,000 square foot exhibition hall, to make the club an annual profit of at least £1m.

“If we build just a traditional stand, any income is just from gate receipts on a matchday.

"The fact that it is costing more means it will be making more because we are building something with more facilities,” said Fletcher, who is the founder and managing partner of StadiArena and who has overseen more than 30 stadium projects in the UK and Europe - including Huddersfield’s McAlpine Stadium, Coventry’s Ricoh Arena, Bolton’s Reebok and the new Wembley.

“We need new revenue streams because this lovely old stadium of ours doesn’t make enough money for the club.

“We have to rebuild the David Fishwick Stand so that we have a facility we can use seven days a week instead of 26 times a year.

“It pays for itself very quickly, and it’s not just good for Burnley Football Club but the town as well.

“It’s all about building things that leave a legacy. If we have got a legacy that can make money for the club and something that’s good for the town we have ticked all the boxes.”

Fletcher anticipates it would take six months for a StadiArena at Turf Moor to be completed.

“I would like to see the bulldozers move in this time next year,” he added.

“We need that stand to be replenished.

“In a perfect world we could do it in the close season.

“It would be possible, in a three-month period, to put up the steel framework with the stand and seats and get it ready for football.

"And then in another three-month period add in all the other elements involved in the StadiArena.”