Second and third in the Premier League automatically qualify for the money-spinning Champions League while fourth place secures a play-off for a place in the group stage.
Graham told the Sunday Mirror: “Tottenham will be the ones to lose out.
“They have a difficult run-in and they have played a game more than the others. But I want to stress that it would be anything but a disaster for them or make it a poor season. In fact, I would say the opposite.”