Tottenham may have been denied a spot in Europe's leading club competition next year - but Alan Mullery is confident his former side will not lose a host of key players this summer.
Chelsea's dramatic win over Bayern Munich on Saturday night means they and not Harry Redknapp's men, who finished fourth in the Premier League, will become the final English representative in the Champions League during the 2012/3 campaign.
Spurs lynchpins Gareth Bale and Luka Modric have been linked with moves away from White Hart Lane in recent months, and that speculation is likely to intensify now that the Londoners will not be mixing it with the continent's elite next season.
But Mullery told Sky Sports News HD that he expects Tottenham chairman Daniel Levy to rebuff any offers for his star names.
"They have got into a situation where they may lose one or two of their best players, and there are going to be lot of questions asked over the next few weeks," said ex-midfielder Mullery, who played for Spurs between 1964-72.
"The one person who has got to remain strong is the chairman and my belief is that Daniel Levy will.
"I think big clubs will come in and if huge sums of money are submitted, like if someone bids £40million for Gareth Bale, there is always a temptation to sell.
"But those players are under long-term contracts and there is no reason why they should go.
"I still think Bale's education should be at Tottenham; he was magnificent in Europe the season before last but has still got a bit of learning to do."
However, Mullery, who won the League Cup, FA Cup and Uefa Cup during his time at Spurs, has warned the club's fans not to anticipate too many big-money arrivals during the off-season.
"Harry Redknapp must be the most disappointed man in English football this morning [after Spurs' Champions League hopes were dashed]," added Mullery.
"But Tottenham only get 36,000 people every other week and cannot pay the big wages like they do at Manchester City, Manchester United and Chelsea."