Simon Jordan believes Tottenham's recent problems “have nothing to do with the owner”.
Sunday's capitulation against Chelsea Another defeat followed after leading 2-0 against Brighton in October.
The result leaves Spurs in 11th place in the Premier League after winning just one of their last seven games in all competitions.
Meanwhile, some fans have called for Daniel Levy to leave the club after 23 years.
He is currently the league's longest-serving president, holding the position since 2001.
Jordan has already given his opinion on the change requests at the club.
The talksSPORT co-presenter told White & Jordan: “Who will buy Tottenham and pay the £4bn that Joe Lewis and Daniel Levy will want?
“How does it work when someone walks through the door? Because it's working very well at the moment with Manchester United and Jim Ratcliffe, this new intellectual capital that's coming in.
“What happened on the field against Chelsea and Brighton has nothing to do with the owner. It has to do with the coach and what he decides to do in the game.
“Now, I agree that for Tottenham to be more competitive, and if you go back to the seasons where they lost the Champions League final, the argument is: why didn't they back it then?
“People came out, David Pleat sat in the studio and said it had nothing to do with Levy.
“It was about Mauricio Pochettino not wanting new players. Pochettino sings a different song.
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“The bottom line is that if you don't win anything and you are a very commercially successful football club and you build a wonderful stadium, you will find yourself in a situation where people like Jamie Carragher or anyone else, or even Tottenham fans who have their moments with Daniel Levy, they will sit there and say: it's time for a change.
Levy has overseen the Spurs' move to a new training ground and stadium during his tenure.
The club has also won the League Cup and qualified for the Champions League six times since his arrival.
However, doubts remain over the conveyor belt of coaches who have failed to end the 16-year trophy drought dating back to 2008.
Current boss Ange Postecoglou is the 12th coach appointed by Levy in the last 23 years.
The Australian is also under pressure following his team's recent poor form.
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After the home defeat against Chelsea, Postecoglou He admitted that he cannot ask for patience amid its decline in results.
The Spurs are next in action against ranger in the Europa League on Thursday ahead of next weekend's trip to Southampton.
