yes, Burnley have enough hope for this season. I think they can compete. in the FA Cup last season Burnley also reached the quarter-finals. unfortunately they stopped by being beaten by City with a very big score of 6-0.
Burnley can at least stay in the mid-table if they can provide consistent performance. we know the weakness of teams that are not as rich as the favorites is the performance of the game. they can look pretty good at the start of the season. but after that they were inconsistent due to the problems of several players.
Burnley have really played a great Championship season under Kompany to be back in PL and I am sure that Kompany will really manage the team well in PL as well. They do need some signings but I still think they can finish between top10-15 otherwise I think they can make it into top 10 for sure if transfers are good ones. I am really curious to see their gameplay and how they start the season. Kompany and his men will be preparing hard for the season ahead.