New joint chairman Mike Garlick hopes Burnley can return to the Premier League under his stewardship but accepts the road may be a long one.
Garlick and John Banaskiewicz have succeeded outgoing chief Barry Kilby after 13 years at the helm, during which time the Clarets ended a 33-season absence from the top flight in 2009.
Despite some promising runs of form, Eddie Howe's 2012 vintage failed to make a consistent run at the Championship play-offs last time around, and Garlick's immediate aims are consequently realistic.
"We finished 13th last season, so the obvious short-term aim is to try and improve on that," he said. "The long-term aim - it's fair to say we want to have another shot at getting back in the Premier League at some stage.
"But these things take time. Quality takes time to build. We're not in a hurry, we don't want to make mistakes and when people are in a hurry they do make mistakes.
"So it's a vision that's built to last and it's built for the long term, but ultimately that's where we'd like to be."
