Premier League spending 'unsustainable' - Spurs chief Levy

Britain Football Soccer - Tottenham Hotspur v Aston Villa - FA Cup Third Round - White Hart Lane - 8/1/17 Tottenham chairman Daniel Levy in the stands Action Images via Reuters / Paul Childs Livepic

(Reuters) - 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, runners-up to Chelsea in May, have not yet added to their squad.