‘Trans­fer money mad­ness in EPL’

The Star Early Edition - - SPORT -

LON­DON: The spend­ing by Pre­mier League clubs in the cur­rent trans­fer win­dow is un­sus­tain­able, Tot­ten­ham Hot­spur chair­man Daniel Levy said on Tues­day.

English top-flight teams have splashed out more than $1-bil­lion since the end of last sea­son but Spurs, run­ners-up to Chelsea in May, have not yet added to their squad.

“Some of the ac­tiv­ity that is go­ing on at the mo­ment is just im­pos­si­ble for it to be sus­tain­able,” Levy said in New York.

“We have a duty to man­age the club ap­pro­pri­ately. Some­body spend­ing £200-mil­lion more than they’re earn­ing, even­tu­ally it catches up with you.”

Spurs, who sold Eng­land right back Kyle Walker to Manch­ester City for £45-mil­lion this month, are build­ing a new 61 000-seater sta­dium, which is sched­uled to open next year.

“We have to find the right bal­ance but I can hon­estly say it (the sta­dium) 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,” Levy said.

“Our po­si­tion on trans­fers is that we have a coach who very much be­lieves in the academy, so un­less we can find a player that makes a dif­fer­ence we would rather give one of our young academy play­ers a chance.”

Manch­ester United man­ager José Mour­inho said the trans­fer spend­ing by their ri­vals in the cur­rent win­dow is “out of con­trol”, de­spite the club re­port­edly spend­ing – ac­cord­ing to Bri­tis me­dia – over £100-mil­lion on play­ers in ad­ding striker Romelu Lukaku and de­fender Vic­tor Lin­de­lof to their squad.

United’s cross-town ri­vals City have spent over £200-mil­lion, ac­cord­ing to Bri­tish me­dia reports, on de­fend­ers Walker, Ben­jamin Mendy and Danilo, mid­fielder Bernardo Silva and goal­keeper Eder­son.

League ti­tle hold­ers Chelsea have also spent heav­ily on play­ers in the cur­rent win­dow and have added striker Al­varo Mo­rata from Real Madrid for a club record fee.

Ev­ery club is get­ting good play­ers, ev­ery club is in­vest­ing a lot and some clubs are pay­ing too much and by pay­ing too much they cre­ate a very strange and out of con­trol mar­ket,” Mour­inho told the BBC. “But this is the re­al­ity now. “It is ob­vi­ous that nowa­days, es­pe­cially for the strik­ers, the amount of money is amaz­ing.”

Mean­while, Tot­ten­ham Hot­spur 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. – Reuters

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