Tottenham Hotspur chairman Daniel Levy gave a detailed explanation of the club's transfer policy in the United States today.
Mauricio Pochettino's side are currently taking part in the pre-season International Champions Cup and are set to face Roma on Tuesday night.
Spurs are yet to strengthen their squad despite selling Kyle Walker for a whopping £50m to Manchester City.
Whilst all their Premier League rivals spend big over the summer, Levy appears very content to sit back and trust the club's academy.
Christian Eriksen scored an absolutely fabulous goal as Spurs beat PSG 4-2 in their opening pre-season fixture over the weekend.
Football.London published Levy's quotes on the club's transfer policy. The key quotes can be seen below.
"My view is that it's totally unsustainable. I'm not sure if that's the view of the other Premier League clubs, but certainly the prices that are being paid for other Premier League players I can't see it being sustainable in the long term.
"Regardless of the stadium project, today our position on transfers is that we have a coach that very much believes in the academy.
"The academy is important because we can produce our own players. We don't have to go and spend £20, £30m, £40m on a player and obviously that homegrown player has an affinity with the club that a player we buy doesn't. That's what the fans want to see. They want to have that passion. That's what you get with a homegrown player and that's why people love Harry Kane and sing that he's one of our own.
"Unless we can find a player who would make a difference he would rather give one of our academy players a chance so that's regardless of the financing of the stadium."
Despite his very detailed explanation which will ring true with many fans, question marks remain over the youngsters ability to compete at the very highest level - the Champions League.
Spurs undoubtedly have one of the strongest XI's in the Premier League but will probably have to rely heavily on youngsters for squad depth this season.
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