Burnley boss Sean Dyche insists the Clarets are still looking for “the right players” in the transfer market.

The club has made two summer signings so far, bringing in defender Nathan Collins from Stoke City and goalkeeper Wayne Hennessey on a free transfer.

Dyche’s men suffered a 2-0 defeat at Liverpool over the weekend, with Diogo Jota and Sadio Mane scoring either side of half-time.

Despite the ALK Capital takeover last season, the Burnley boss admits it is tough to compete with the spending in the top-flight.

“It is not necessarily disappointing because it has been life at Burnley ever since I have been here,” he said. “That has always been a challenge.

“There is some financial situation that I think is slightly more open-minded, but we’ll see. It still has to be the right players, I’ve said all along. The model is what it is - I don’t think the new ownership is going to rip it up.

“I think it is more a case of can we stretch a little bit, but within that you’ve still got to find the right players. There is only so many out there that fit in our model.

“The market doesn’t care for our model. Ours is a very good one in the Premier League, as a business it has been very good – very challenging, but very good.

“But football doesn’t care for that, doesn’t judge you on whether your business model is good. It judges you on getting players out there who can win games.

“We have to keep working hard to find that balance and therefore get the players in when we can, and the ones who can help us.”

The Clarets are back in action on Wednesday night when they head to St James’ Park to face Newcastle United in the Carabao Cup second round (KO 7:45pm).