ManCityX said:
Spurs making the turn against FFP. Quote taken from Levy's end of season review notes on Spurs OS.
We are all eager to be challenging at a higher level. Whilst the popular view may be to spend money in excess of earnings or find a philanthropic investor to fund transfers, those scenarios are simply not possible under the new world of Financial Fair Play rules whereby clubs can only spend revenues generated through operations.
Levy wouldn't spend even if he could. Joe Lewis could have long ago turned Spurs into a top four team but chose not to do so. Sod all to do with FFP.
Their net spend over the last 5 years is the lowest of all current PL teams at -£22m.