Spurs’ decision not to splash the cash made them the first top-flight club to not utilise the summer transfer window since its introduction in 2003.

Many fans and pundits criticised the inactivity, pointing the finger at chairman Daniel Levy for keeping his chequebook shut while Spurs’ rivals splashed the cash.

The north London club have registered top-three finishes the last three campaigns, and it was felt that bolstering their first-team options would help them mount a title challenge.

Sherwood was head coach of Spurs for five months after taking over from Andre Villas-Boas in December 2013.

Speaking about Tottenham’s transfer window exclusively to Express Sport, the billige fodboldtrøjer 49-year-old said: ‘I couldn’t understand the negativity.

“The manager knows what he’s doing – he knows whether there was anyone out there who was realistic to bring into the squad.

‘I think him and Daniel [Levy] are singing off the same hymn sheet, but they couldn’t find anyone so why would you spend money for the sake of it?”

Despite gaining no new signatures, the Lilywhites’ squad is already better than last season, insists Sherwood.

“Harry Winks was injured last season so he’s back fit, Lucas Moura’s had that settling in period and he’s proved that he is of real value,” he said.

“Spurs have realised that if they keep their squad fit, they can be real challengers. I don’t think there was any need for the fans to panic.

“Danny Rose and Toby Alderweireld, too, have proved that they’re world-class players. For me, it’s more important to see who they kept hold of rather than who they brought in.

“Because you can bring in any signing, but it’s always going to be a risk – even if you spend £100million.”

Sherwood handed Harry Kane his league debut while in charge at White Hart Lane, and believes the World Cup Golden Boot winner has the capability to chase Alan Shearer’s fodboldtrøjer record of 260 Premier League goals.

“If anyone can [catch Shearer] – it’s him. I’ve seen them both very closely first-hand,” the former Blackburn skipper said.

“It’s down to whether [Kane] can continue going. Alan continued going for years and years.

“The only thing that would stop Harry doing it was if he’s to leave the Premier League – I don’t think he’s got any plans to do that.

“He’s out there to break records, but he’s also out there to win trophies for Tottenham.”

Tim Sherwood took on Jason McAteer to launch 888sport’s new A Tenner Says campaign. To Take ‘Em On, visit www.888sport.com.

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