The club is preparing for life in the Premier League for the first time after securing promotion through the play-offs.
Coyle, who has been rewarded with a two-year extension to his contract, is now in the process of trying to strengthen his squad for the forthcoming campaign.
Kilby trusts the judgement of the Glasgow-born boss, who moved to Turf Moor from St Johnstone in 2007.
He said: "Owen was used to working with a limited budget and had operated in the lower divisions in Scotland.
"So he knew what he was coming to at Burnley and that was a big factor when we appointed him the first place.
"Owen came in from left field when he joined the club but he has proved his worth. I am delighted we have a man of his potential.
"He is a brilliant character, his optimism, the way he has picked us up, is what we wanted. He was not the favourite to get the job but he impressed us and taken us forward."
Operational director Brendan Flood says players are queuing up to join the smallest town in the Premier League.
"The number of people knocking on our door is a very long list and I do not think you have pay silly money to get good players, " he said.
"There are a lot of players who want the chance to play in the Premier League and are probably twice as hungry as some on generous contracts.
"They have got to be the right people, talented but hard working. We now have more appeal to players, it is becoming interesting for them to come to us.
"The fans have great expectations and there is a huge tradition at the club. Now it is all about making new traditions."