While the Clarets currently sit 18th in the table with three points from their opening seven games – as they still await their first league victory of the campaign – Pace is, like boss Sean Dyche encouraged by performances.
And the chairman feels the imminent availability after injury of new signings Maxwel Cornet – who has enjoyed an eye-catching start to life at Turf Moor – and deadline day arrival Connor Roberts, yet to feature as he builds up his fitness after a groin problem suffered at Euro 2020 with Wales, will be a big boost.
Things don’t get any easier next time out, a week on Saturday, as Burnley travel to champions Manchester City, but Pace has no concerns as of yet, with the Clarets having come through a similarly-sticky start last term.
Pace said: “It’s disappointing we still have a couple of injuries, Maxwel and Connor and others, and when see a fully-robust, injury-free team – although I’m not sure that actually ever happens! – that’ll make a big difference.
“But I’ve liked how we’ve played, it’s just frustrating not to be in a better position.
“The last five years we’ve had a very slow start, so we’re confident we’ll continue to ramp up...little glimmers of hope, like Maxwel at Leicester, show me we’ve got the right guys, the capability, and this team can come together, I’ve no doubt.
“We will be in the Premier League for many years to come, I’m not worried.”
Some managers may be under pressure after the sort of start the Clarets have had – indeed, Dyche’s former club Watford were the first Premier League club to relieve their boss of his duties this season, with Xisco Munoz replaced by Claudio Ranieri despite seven points from seven games.
But Pace has previously revealed Dyche was a big draw as ALK Capital went into their takeover at Turf Moor, and he recently rewarded him with a new four-year contract.
Pace and Dyche had both been relaxed about how long that took to get over the line, and Pace said: “I said from the very beginning it was just a matter of time, it wasn’t anything more than that.
“There were other priorities at different times, and different times we made different amounts of progress.”

. BURNLEY, ENGLAND - AUGUST 14: A general view of the Premier League Nike Flight match ball prior to the Premier League match between Burnley and Brighton & Hove Albion at Turf Moor on August 14, 2021 in Burnley, England. (Photo by Nathan Stirk/Getty Images)
Premier League Nike Flight match ball. (Photo by Nathan Stirk/Getty Images) Photo: Nathan Stirk

. Connolly told to consider Brighton exit
Republic of Ireland manager Stephen Kenny has hinted that he would like to see Aaron Connolly take at least a loan move away from Brighton in order to fulfil his potential. (The 42) (Photo by Steve Bardens/Getty Images) Photo: Steve Bardens

1. Connolly told to consider Brighton exit
Republic of Ireland manager Stephen Kenny has hinted that he would like to see Aaron Connolly take at least a loan move away from Brighton in order to fulfil his potential. (The 42) (Photo by Steve Bardens/Getty Images) Photo: Steve Bardens

2. Winks open to foreign move
Harry Winks is eyeing a loan move away from Tottenham this January and is open to a switch away from the Premier League. (The Times) (Photo by Catherine Ivill/Getty Images) Photo: Catherine Ivill

3. Hammers keen on Vivian
West Ham are keen to sign Dani Vivian from Athletic Bilbao. (TEAMtalk) (Photo by Juan Manuel Serrano Arce/Getty Images) Photo: Juan Manuel Serrano Arce

4. Leeds agree personal terms with attacker
Leeds United have agreed personal terms with Espanyol attacker Mateo Joseph, although an agreement with his club is yet to be reached. (Diego Balbontin) (Photo by Alex Pantling/Getty Images) Photo: Alex Pantling