Tottenham were beaten 1-0 by Manchester City at Wembley on Monday night.
Mauricio Pochettino's side were outplayed by the champions and it seems unlikely that Spurs will be challenging for the title this season.
Before kick-off, Sky Sports pundit Jamie Carragher heaped praise on Pochettino but criticised Daniel Levy's running of the club.
"The job Pochettino has done is unbelievable," Carragher said on Sky Sports Monday Night Football show. "To get Tottenham into the top four consistently and overachieve.
"In five or 10 years, the team will break up and the manager will be gone, and nobody will be looking at net spend and points.
"They will say 'did they win anything?' At the moment it looks like the answer will be no.
"No way should the manager and the players get that thrown at them. If anyone should it's Daniel Levy and the board. Net spend of £29m is not acceptable for one of the biggest teams in the country.
"Teams who come up to the Premier League have a bigger net spend. The fact Tottenham are where they are is because of Mauricio Pochettino and the players."
Alan Sugar responds
Former Spurs chairman Lord Alan Sugar disagreed with the former Liverpool defender, posting a fiery tweet in Carragher's direction.
Carragher, regarded as one of England's finest pundits, was described as having "no brains" by Lord Sugar.
Despite being insulted by Sugar, Carragher offered a measured response to explain his criticism of Levy's management of the club.
Surely most Spurs fans agree with Carragher - a net spend of £29m is unacceptable at this level.
Spurs have failed to win a trophy since Juande Ramos lifted the League Cup in 2008.
They currently lie fifth in the Premier League table, one point behind rivals Arsenal.
Can they take the next step under Daniel Levy? Let us know what you think by leaving a comment below.