The Aston Villa manager reckons he would not be in his current job if it was not for his time in charge at White Hart Lane last term.
And ahead of Saturday's return to his former club, Sherwood insists he is still on speaking terms with his former boss.
“It’s a good club, they’ve been very good to me Tottenham over the years," he said.
“I wouldn’t be sitting here as Aston Villa manager if wasn’t for Tottenham Hotspur.
“I was relieved of my duties and walked out with my head held very high.
“I was pleased with what I did, but I respect the decision made by Daniel Levy and his board, they’ve been good for me.
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Tim Sherwood says he wouldn't be the Aston Villa boss if it wasn't for Tottenham
“They only made that decision based on what they believe is best for the football club.
“They have to make that decision. I haven’t got to agree with it. I just move on.
“I thank them for not being there now is the reason I am at this fantastic football club.
I thank them for not being there now is the reason I am at this fantastic football club
Tim Sherwood
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“I have a lot of respect for Tottenham, I’ve been in communication with Daniel Levy since I’ve left, I haven’t got a problem.
“He’s the chairman of the club and he makes those decisions based on what he thinks is in their best interest.
“I was there the day he walked in to the club and he made some changes about three days after that, he got rid of George Graham brought in Glenn Hoddle.
“He’s not frightened of making decisions at crucial times. That was the week building up to the FA Cup semi final. He’s continued with that.
“You have to say Tottenham Hotspur is a far better club now than when he found it.”
