Clarets chairman Barry Kilby believes the redevelopment of Turf Moor will go ahead once the club clears its outstanding debt in January.
The club’s proposed £20million revamp has been shelved since the credit crunch took hold more than a year ago.
The club recently announced losses of £11.7million after spending big in an effort to reach the Premier League.
But Kilby reckons that shortfall will be recouped as early as January and is hoping work on ground will be able to start.
Speaking to the Lancashire Telegraph he explained: “I think we’ve seen a bit of a flicker. We’re a bit nearer to taking it back out of the drawer and having a look at it.
“All the debts we have showing on our balance sheet at the end of the financial year we’re reporting on now will be repaid by January.
“It’s well documented we’ve kept our wage bill to the lowest by far in the Premier League, so the way we’re set up in our profit and loss this year, I think we might be one of the most profitable clubs in English football.”
He added: “We have a few planning permissions coming in. It just needs the financial climate to ease a little bit then we can get the necessary normal funding we would have for a big capital project in place.
“I’m hoping that one will start to come back on the agenda and we can have a look at that in the summer.”
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