Saints managing director Stewart Duff says manager Owen Coyle can join Burnley as long as demands are met.
Club will let Coyle join Burnley if demands are met
St Johnstone managing director Stewart Duff has stated that the club will allow manager Owen Coyle to join Burnley but only if their compensation demands are met.
Saints are believed to want around £150,000 compensation for Coyle but Burnley's previous offer was significantly below that amount.
The 41-year-old manager enjoyed a successful playing career with Bolton, Dundee United and Motherwell.
Burnley had hoped to name Coyle has their new manager this week but their plans have been halted by Saints until the financial aspects of the deal are finalised.
Opportunity
Duff stated: "Their chairman phoned mid-morning to ask for permission to speak to Owen but we felt it more appropriate to agree compensation between the clubs, rather than allow the manager to go down, possibly agree terms and then find we couldn't agree with Burnley.
"The figure they came up with was far below what we feel is proper.
"They have said their offer is on the table but we've declined it and the ball is now back in their court.
"We recognise that Owen will leave St Johnstone Football Club to better himself and we won't deny him that opportunity.
"But we do feel Owen has a value to St Johnstone and that value should be recognised by any clubs who want to take him on - just like a transfer fee for a player.
"So, unless we reach an agreement on what we see as a fair value he will be staying here and we'll be delighted if that's the case.
Transformed
"We have been consistent all along. Owen was linked with Premier League teams in the summer and we said then that significant compensation would be required and that has not changed."
Veteran midfielder Paul Sheerin admits the players are prepared for Coyle to leave the club and is not surprised at the admiration he has received.
"If a Championship club like Burnley want him the gaffer would be crazy not to think seriously about a move," Sheerin said.
"It would be a huge opportunity for him. If he goes we will wish him all the best and thank him for what he has done for us and the football club.
"Saints were third bottom when he came here and he has transformed the club."
