English Premiership

Daniel Levy criticises Premier League spending

2017-07-26 19:13
Mauricio Pochettino.(Getty Images)

Cape Town - Tottenham chairman Daniel Levy believes that his Premier League rivals are spending too much in the transfer market, and explained why Spurs have been keeping quiet.

Spurs have yet to spend this transfer window, but their sale of  full-back Kyle Walker to Manchester City for a reported £50 million shows the kind of money that their rivals are willing to spend.

"Some of the activity that is going on at the moment is just impossible for it to be sustainable," Levy said, via FourFourTwo.

"Somebody spending £200 million more than they're earning, eventually it catches up with you. And you can't keep doing it."

Saying that "we have a duty to manage the club appropriately", Levy also insisted that Spurs have not been priced out of the race for any player they really want.

"We have to find the right balance but I can honestly say it is not impacting us on transfer activity because we are not yet in a place where we have found a player that we want to buy who we cannot afford to buy."

Meanwhile goalkeeper Hugo Lloris has conceded he is frustrated by their lack of progress in Europe but says the club will be better prepared for the Champions League this year after going out in the group stage last season.

NEXT ON SPORT24X

What To Read Next

 

Read News24’s Comments Policy

Live Video Streaming
Video Highlights
Sport Talk

Fixtures
Saturday, 19 August 2017
Swansea City v Manchester United, Liberty Stadium 13:30
Liverpool v Crystal Palace, Anfield 16:00
Leicester City v Brighton & Hove Albion, King Power Stadium 16:00
Southampton v West Ham United, St. Mary's Stadium 16:00
Burnley v West Bromwich Albion, Turf Moor 16:00
AFC Bournemouth v Watford, Vitality Stadium 16:00
Stoke City v Arsenal, Bet365 Stadium 18:30
Sunday, 20 August 2017
Huddersfield Town v Newcastle United, The John Smith's Stadium 14:30
Tottenham Hotspur v Chelsea, Wembley Stadium 17:00
Monday, 21 August 2017
Manchester City v Everton, Etihad Stadium 21:00
Logs
Team P W PTS
Previous Results

Date Home Team Result Away Team
Vote

Who will claim the Premier League title at the end of the 2016/17 season?

 
 
Men
Women
Love 2 Meet
Sport24 on Twitter

Follow Sport24 news on Twitter

Featured

The 2017/18 PSL season is under way. Can Bidvest Wits defend their title? Will Soweto giants Kaizer Chiefs or Orlando Pirates emerge victorious? Or will the bookies' favourites, Mamelodi Sundowns, taste success for a record eighth time? Stay glued to Sport24 to find out!

Latest blogs
 

Twitter Follow Sport24 on Twitter

Facebook "Like" Sport24's Facebook page

WIN Enter and win with Sport24!

BlackBerry Stay in the loop on your BlackBerry

RSS Feeds Sport news delivered really simply.

 
There are new stories on the homepage. Click here to see them.