Sherwood was sold by the Spurs boss to Portsmouth after failing to gain a regular place in the side after critisising the managers tactics during the close season last year.
"No one at Tottenham would shed a single tear if Glenn Hoddle was sacked tomorrow," Sherwood told The Sun Newspaper.
"The only way they will bring success back to Tottenham is through a change of manager.
"The dressing room is not together and there is no team spirit. Nobody is busting a gut for the manager.
"The kids have far more respect for guys like Teddy Sheringham, Gus Poyet and Steffen Freund than they do for Hoddle.
"They all turn to the experienced pros for encouragement and advice because the manager won't accept anyone else's point of view and just leaves them all confused.
"The way Hoddle has treated a senior player like Freund is an absolute disgrace. And the decision to release Teddy is entirely down to him.
"When Hoddle was appointed two years ago, there were people at the club who saw him as the God of White Hart Lane. But it certainly hasn't worked out that way.
"You don't need to be a rocket scientist to realise that there is a major problem at the club. And you don't have to be a genius to work out what that problem is."