Levy to allow more spending at Tottenham
Tottenham chairman Daniel Levy has admitted that the development of a new training complex and the future plans for a new stadium will not interfere with spending on players.
The new training complex near Enfield will cost Spurs £30million but Levy has insisted that these plans to improve the club as a whole will not rein in manager Harry Redknapp’s plans to purchase players down the track.
“As far as this facility is concerned, the money has already been raised for this,” Levy said.
“It’s ring fenced, it has no impact whatsoever on anything else to do with the club. As for the stadium, we’re at very early stages so it’s too early to comment.
“I think there is a balance to be struck. One of the problems when you have aspirations to be a big club is that there’s always pressure on the manager to bring in players that are already developed.
“So somehow it’s about finding that balance. The new Premier League rule change will force managers at all clubs to give youth more opportunity.
“As far as Spurs fans are concerned I think they love the idea of a young player coming through the ranks.
“I don’t think it’s so important to them that the player has been here since he was eight, but they love the idea of a young player, wherever he’s come from, getting the chance of being a real success in the first team.”