New Tottenham boss Harry Redknapp is expected to name Tim Sherwood as his assistant after guiding his club to their first victory of the season on Sunday.
Spurs beat Bolton Wanderers 2-0 on the same day that Redknapp had been confirmed as Juande Ramos' successor at White Hart Lane, their first three-point haul of the campaign at the ninth attempt.
After the match the former Portsmouth manager confirmed that there would be no new director of football at the club and he would be in complete control of all transfers.
Redknapp said: "I nearly went to Newcastle and people said I didn't want to take on the challenge of a big club. I'd have regretted it for the rest of my life if I hadn't taken this challenge on.
"Maybe I didn't want to leave Portsmouth at the time, I was happy there. Everything was fine, we were going great. It worked out right because we won the FA Cup.
"But, at the moment, things are going to get a bit tighter. The owner has been fantastic there, but the club needs a new stadium, a new training ground, and money's tight.
"I knew how things were. It's a good little club. It couldn't have gone better, really.
"I could have come here 18 months ago. I nearly came here when Martin Jol was here. Things happened. The team started doing well.
"The priority now has to be league points. We have to go up the table. Tottenham is a big club whether they're languishing at the bottom of the league or not."