SEAN Dyche admits Burnley are unable to compete with the spending power of a club like Bournemouth.

The Cherries’ rise to the Premier League has been funded by Russian businessman Maxim Demin and since promotion to the top flight at the start of last season they have spent more than £60million on new recruits.

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Dyche accepts those figures are out of the reach of Burnley, who remain owned and backed by local businessmen.

The Clarets did twice break their transfer record in the summer, with the £7.5million addition of Belgium midfielder Steven Defour and the £10million signing of Ireland international Jeff Hendrick.

But those figures still pale into comparison compared to the £15million Bournemouth spent on Jordan Ibe this summer, and the £18million spent on strikers Benik Afobe and Lewis Grabban last January.

“The money is a big challenge for us. We’ve put some into it but it’s a different club, we haven’t got their backer who seemingly keeps writing the cheques,” said Dyche.

“They’ve spent a lot over the last two seasons. If I had I’d spend it, but this club runs in a different way.

“That can’t be held against them, it’s just a fact. It’s who you buy and what level of the market.

“It’s £15million for a young player (Ibe), £11million for Afobe, those numbers are out of our range. £7million on a winger (Gradel), £8million on a left-back (Mings), they’re figures we can’t get to and all the wages that go with that of course.

“We are what we are and we don’t really overthink what everyone else is doing. We’re aware of what they’re doing but we don’t overthink it.”

One player who could depart Turf Moor permanently in January is Lukas Jutkiewicz, who is on loan at Birmingham, with the Blues having an option to make the deal permanent for £1million.

The striker missed most of last season with a cruciate knee ligament injury and has failed to find the back of the net in 35 Burnley appearances, with 21 coming from the bench.

“There are some conversations being had and that’s where it’s at at the moment,” Dyche said of Jutkiewicz’s possible departure.

“He’s been unfortunate, that’s for sure, but we get on great with Juke and we like him a lot.

“He needed football and I didn’t think that he’d get as much football as he needs here. It was as simple as that. It’s not always as simple as that but in his case it was.

“I’ve got loads of time for Juke. I like him as a bloke and a player.”

Meanwhile Joey Barton continues to train with the Clarets’ sports science team to build up his fitness after his Rangers departure.

The 34-year-old yesterday revealed he is back in the WhatsApp group of Burnley players - although Dyche said discussions over a permanent return in January had not yet taken place.

But Barton said he has plenty of options for the New Year.

“I’m focusing on the future, I’ve still got that bit about me where I step back south of the border and have an enormous amount of credibility and people want me to come to the football club,” the midfielder told BBC Radio Five Live.

“My phone has rung a number of times about where I’m going to be in January, so I’m lucky.”