BURNLEY manager Owen Coyle has not ruled out setting a new club transfer record, after smashing it to bring in striker Steven Fletcher this week.

The 22-year-old met his new team-mates at the first day of training yesterday, after signing a four-year deal from Hibernian, costing the Clarets £3million.

Coyle is confident his fee - double what was paid for Martin Paterson and Chris Eagles last summer - will ultimately prove to be a bargain as he anticipates Fletcher taking the Premier League by storm.

And the Burnley boss says he would be willing to spend more again as he strengthens his squad for their first season following promotion, providing the money is there.

“If there’s the right type of player available at the right price then we’ll be in that market,” said Coyle, who also brought in defender Tyrone Mears, for £500,000 from Derby, and out-of-contract Newcastle centre half David Edgar this week.

“If there’s money available then I would look to improve this club at every turn.

"If it’s the right player and they fill the requirements that we’re looking for, then I’ve got no fears about spending money if it’s there to spend.

“That’s something I’m comfortable with because I believe that when we are investing that money we’ve done our background, we’ve researched it thoroughly and make sure, aside from all the ability, that we’re bringing in the right type of person into the football club, which is paramount.

"The way you conduct yourself both on and off the pitch is vitally important to me, and equally they must integrate into the group we’ve got.

“I need to bring in the right type of person as well as the right type of player.

"There’s no doubt Steven Fletcher, David Edgar and Tyrone Mears are - I’ve seen that in the first day of training. The lads were welcomed with open arms and really integrated into the group straight away.”

Coyle added: “I think everyone’s excited by the challenge ahead of us and to do that we obviously need good players.

“We know we’ve already got that with the group we’ve had, but we’re looking to add to that and compliment the group, and the ones who have come in already do that.

“We’ll continue in our search to add players to that, investing money, and I’ll look to invest it in young palyers who I believe that myself and my staff can continue to improve, as opposed to spending money on older players and that value immediately depreciates.

"Not that we’re looking to sell, but we’ve shown, as well as the football in terms of a business plan, it’s the right way to go for the football club.”