Spurs spent over £110million last summer. But it wasn't enough to keep AVB in a job.
And Pardew feels that Sherwood has inherited a good squad at White Hart Lane.
He said: "He's got a good squad.
"He is very fortunate to get that position in terms of the players he's got, it's a fantastic team.
"But he is still doing a good job nevertheless and it will be a tough ask for us."
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