Levy slams ‘unsustainable’ spending
— Tottenham chairman Daniel Levy has slammed the “unsustainable” spending of Premier League clubs during a frenzied summer transfer window.
At least £800 million ($1.04 billion, 896 million euros) has been spent by English top-flight clubs in the current transfer period and Levy believes the exorbitant spree is bad for the sport.
Manchester United paid a British record £75 million for Everton striker Romelu Lukaku and Manchester City broke the world record fee for a defender with their £52 million swoop for Monaco’s Benjamin Mendy. —