Alli has been called into the England squad to face Estonia and Lithunia in Euro 2016 qualifying in the coming weeks, and Hodgson is excited by the 19-year-old's potential.
The Three Lions boss believes that Alli could have a great career, and he says that if the central midfielder continues to progress he will play a prominent part for his country.
“We weren’t at all surprised when Tottenham bought him, we thought it was a good buy," Hodgson said on the FA's website.
"I think he was bought with a view to getting experience, but he has broken into the team and he is playing well. So it was an opportunity now, with the absence of quite a few players in the central midfield area, to have a look at him.
“Going forward if he continues his rate of progress he could be very interesting for us.”
Alli has only played seven Premier League matches throughout his entire career, and his England call-up has sparked some debate, with many suggesting that it is too early for the youngster to be representing his country.
However, the international recognition highlights just how big an impact Alli has made at White Hart Lane since arriving from Milton Keynes Dons.
Many felt that Alli had been purchased by Spurs as a player for the future, but instead he has been thrown straight into first-team life and thrived.
The powerful midfielder has excelled whether played in-front of Spurs' defence, or behind the striker, and he appears to be another exciting talent which Tottenham currently have in their ranks.
The future? What about now?
Alli may be inexperienced, but judging by the stats that he has posted throughout his Tottenham career so far, he is already ahead of England's other options in certain areas.
|Team||Chances created per game||Shots per game||Passes per game||Passing Accuracy||Tackles per game||Interceptions per game||Appearances||Mins Played|
|Michael Carrick||Man Utd||0.375||0.125||53.875||89.79%||1||1.625||8||461|
The Three Lions have named Manchester United's Michael Carrick, Swansea City's Jonjo Shelvey and Liverpool's James Milner in the team alongside Alli, and there are areas where the Spurs man comes out on top.
Although Alli needs to work on refining his attacking skills, with his passing accuracy slightly lower than the rest of the players in the England squad, his defensive ability has been remarkable.
Alli is making more tackles and interceptions than most of the other players in Hodgson's team, and he is proving that he could already be a useful option for his country.