Despite their recent injury issues and the criticism from some fans over not having signed any players in the past two transfer windows, Spurs are quietly going about their business and have strung together three straight league wins.
Meanwhile, table toppers Liverpool have laboured to successive draws, while Manchester City have seemed more fallible in recent months, as shown by defeats to Crystal Palace, Leicester City and Newcastle United.
As a result of the Reds's 1-1 draw at West Ham on Monday night, the top three are now separated by just five points with 13 games remaining, with Spurs very much still in contention for a first top flight title since 1960-61.
However Ferdinand, who played for Tottenham between 1997 and 2003, remains unconvinced about his former side's title credentials, outlining the failure of the club to have added to their ranks as his main reason why at this moment in time they aren't contenders.
"We were saying when they finished second a couple of years ago that they needed to add to that squad to be able to be serious contenders," Ferdinand is quoted by Sky Sports News as saying. "They've not really done that and although they're getting results, I still don't see them as being title contenders at this moment in time."
Spurs return to Premier League action on Sunday when they welcome Leicester City to Wembley Stadium before switching their attentions to the Champions League and their last 16 home tie with Borussia Dortmund.
Have something to tell us about this article?