Spurs chief slams 'unsustainable' spending

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, runnerup 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.