But there's no evidence to suggest that Levy is low balling clubs. No club has come out and said "We've rejected a derisory bid from Tottenham".
I take it you never saw this then:
"We have had an offer from Tottenham of £250,000 which we received on Saturday afternoon. Then it was upped to £500,000 on Monday morning," said Moyes, who will be in north London tonight, when his team face Arsenal in the Premier League. "I think that is insulting. It was £250,000 on Saturday afternoon when I was leaving the ground and they upped it to £500,000 on Monday morning. That was £250,000 now and £250,000 paid in a year's time.
"There is no reaction to that. I think an offer like that for Everton's captain is a disrespectful offer to the club and I think it is a disrespectful offer for a player of Phil's qualities. I could understand it if he had six months to go on his contract, but he has 18 months to go and he has played more or less every game for Everton this season."