Tottenham Hotspur chairman Daniel Levy has defended his team’s lack of spending this summer and claimed that the spending by Manchester United has been unsustainable.
United have so far spent the most on signing of a single player this summer as they recruited Romelu Lukaku from Everton for £75 million.
Levy is known for being one of the toughest negotiators in World football and has a strict wage structure in place at the North London club where players do not earn more than £100,000-a-week.
Spurs have yet to make a signing and Levy has defended his club’s lack of transfer activity thus far while also adding that erratic spending could harm fellow Premier League teams down the line.
He said, “We have a duty to manage the club appropriately. Some of the activity that is going on at the moment is just impossible for it to be sustainable.
“Somebody spending £200m more than they’re earning, eventually it catches up with you. And you can’t keep doing it.”