The former Spurs boss feels he managed the north London side as well as anyone could have.
The 45-year-old was relieved of his duties at the end of last season after he took over from Andre Villas-Boas in north London.
In the end, Spurs finished sixth in the Premier League but reservations were expressed about Sherwood's tactical nous and handling of his players.
But the ex-Tottenham manager says he delivered what was asked of him, warning against managers promising their chairmen 'the earth.'
"For example, when I took over at Tottenham last season I was told that the club wanted to play more attractive football and score more goals," Sherwood wrote in his weekly column for the Independent.
"I said that I felt the top four was impossible, and so it proved, but I delivered what was asked. As a manager it is important to be realistic about what you can achieve.
"If you promise a chairman the earth, you can end up looking like a fraud when it doesn’t happen."
Spurs have got off to a slow start under new boss Mauricio Pochettino and sit 11th in the league table after nine games, while Sherwood has previously been linked with replacing Harry Redknapp at Queens Park Rangers.