The ex-Tottenham and England manager is adamant that his former club has to keep hold of their Welsh star and add a few new players to make the top four next season
Bale had a sensational campaign last season as he truly came into his own with a series of dazzling performances and wonder-goals, prompting widespread speculation that he could move on to greener pastures at the end of it.
The ex-Three Lions international had no doubt that manager Andre Villas-Boas could steer Spurs to a Champions League place, but insisted they would need to spend to do so.
"Yes they can make the top four, but they have to keep Gareth Bale," Hoddle said on the sidelines of a football coaching clinic event at Marina Bay Sands in Singapore recently.
"They need to make the right signings [to challenge] as well."
Spurs have been linked to the likes of Brazil star Paulinho in recent times, as well as Caen starlet Lenny Nangis.
The 55-year-old also believes that had Spurs not dropped points at crucial moments, they would have beaten Arsenal to fourth place last season.
"It all boiled down to a couple of games," Hoddle pointed out.
"The 1-0 defeat at home to Fulham really cost us. So if we keep Bale and add [a few] players, we should be able to do it [finish in top four]."
Hoddle also tipped Manchester City to wrest back the title from rivals United, saying that new manager Manuel Pellegrini would make a difference.