Spurs have been in fine form in recent weeks and head into their trip to Manchester City on Sunday in second place in the table and just five points behind leaders Leicester City.
The north London side have won seven of their last 10 Premier League games and have been touted by many to be genuine contenders for the top-flight title this season.
And former Arsenal striker Henry admits that his old club’s local rivals have a realistic chance of winning the title this season.
Speaking on Sky Sports News HQ on Friday morning, Henry said: “Tottenham are doing so well, and they are a good side.
“I never thought in my life I’d be saying this, but they can win the league and deserve a lot of credit.
“What was missing at White Hart Lane was stability and consistency, and for once Daniel Levy showed a bit of patience with his manager. Mauricio Pochettino is the right guy.
“They have a lot of young players, and they are not just playing cameo roles, they are a factor in the team.
“They have a great goal-scorer [Harry Kane] and Christian Eriksen can provide, Mousa Dembele can hold and play, and Dele Alli is a great player too. On top, they have a good goalkeeper, which is very important.”
Spurs, who finished fifth last season, head into Sunday’s game on the back of their 1-0 victory over Watford in the top flight last weekend.
The Lilywhites face a home clash with Crystal Palace in the fifth round of the FA Cup later this month.
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