Daniel Levy has warned Newcastle United's top-four rivals Tottenham must walk a 'fine line' when it comes to transfer spending. The Tottenham chairman admitted the club had made high-profile mistakes in the market, having splashed more than £500 million since the opening of the new stadium in April 2019.
The Magpies currently sit one place and one point above Tottenham in the Premier League table, with the latter closing the gap with an impressive victory over Manchester City in their latest outing. Eddie Howe's side have been bolstered by the January captures of Harrison Ashby and Anthony Gordon, although the head coach has once again warned of the limitations placed upon the club by Financial Fair Play.
Levy released a lengthy statement to accompany the publication of Tottenham's annual financial results on Friday, which reflected the return of matchday income following the Covid-19 pandemic. The results come amidst a backdrop of fan unrest, with a section of the club's supporters continuing to call for ENIC and Levy to leave.