Ex-Tottenham owner Alan Sugar has slammed the spending of Premiership clubs.

Portsmouth could be wound up or forced to enter administration due to debts of more than £12million.

Lord Sugar believes Pompey will go on even in that event but feels their problems are an example of a wider problem in football, where clubs spend way beyond their means to achieve success.

He said: "The problem is the irresponsible manner in which all clubs are run, not just Portsmouth.

"They are spending far too much - 90 per cent of income is spent on players and their salaries.

"The Premier League could take the £1billion a year or whatever they get and put half a billion a year into a trust.

"That should be used by the clubs to improve their grounds and training. It should be absolutely taboo to spend it on players."