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Evening Standard
Evening Standard
Sport
Dan Kilpatrick

Daniel Levy unhappy with rivals’ huge spending but accepts Tottenham market failings as club revenue rises

Tottenham chairman Daniel Levy has said he understands supporters' calls for increased transfer spending by the club but warned that Premier League power “is now vested in the hands of a few who dominate and have the ability to distort the market”.

In a rare public statement, accompanying the club's latest financial results, Levy said the current level of spending in the top-flight is “unsustainable”, welcomed new Financial Fair Play regulations and appeared to aim at dig at top-four rivals Chelsea, Newcastle and Manchester City.

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