However, it would be hard to believe that the Clarets will stop there. Sean Dyche cried out for more backing in the transfer market and Alan Pace and ALK have answered his wishes with over £10m being shed out on Collins.
So who of the next three rumours would be a good signing for the club to make?
It seems that every transfer window Burnley are linked to a player that may be just out of their league. This summers could be Maxwell Cornet, the Ivorian left-back currently plays for French side Olympique Lyon, making 36 Ligue 1 appearances last season.
One of Cornet's top traits is his versatility. Now a left-back, the 24-year-old has previously as a winger on both the right and left-hand side. A creative, tricky winger has always been of need at Turf Moor therefore Burnley could make use of his attacking prowess.
German side Hertha Berlin are also reportedly interested whilst Leeds United pulled out after their £10m offer was deemed too low. Burnley are reportedly in talks for £13m but it's likely more would be required due to his talent and importance to Lyon.
If this deal could be done for less than £15m then it would be a good deal for Burnley.
This may bore a few and deflate others but it shouldn't come as a surprise to Burnley fans.
Dyche has always been a fan of numerous keepers and although he already has three to pick one, Wayne Hennessey offers something the others don't, experience.
Hennessey's career stats of 181 Premier League appearances and 96 international caps massively outweigh those of Will Norris while Bailey Peacock-Farrell isn't yet the ready made article.
This is where Hennessey steps in, if Nick Pope's return from injury doesn't go to plan or he gets injured again than Hennessey would be the emergency back up option that is ready made for the league.
It doesn't come as a surprise to know that Peacock-Farrell is the planned heir for Pope but until he's fully ready Hennessey may not be as bad a signing as first thought and could be useful for the Clarets.
It could be good news for Burnley as they look to be a leading contender to sign the wide midfielder from the East Midlands.
It's hard to find a reason for this not to be a good deal for Burnley. Despite it not being the most inspiring transfer, the deal will offer Dyche a Premier League quality player who could easily fit the system and style of play.
The Premier League and FA Cup winner has made over 387 creer appearances, scoring 31 goals and grabbing 71 assists.
It is likely this signing will be completed if Dwight McNeil leaves and although he would be a good squad player, its likely he won't want that role and will be on wages too big for a squad role at Turf Moor.