Levy admitted that they tried to get Redknapp but failed, and instead appointed Spaniard Juande Ramos.
Levy told the Sun: “I can’t give details but I’m sorry that, for whatever reason, we didn’t appoint Harry then.
“It would be unfair of me to give details on the historical discussions with Harry.
“Perhaps we wouldn’t be in this position if we had.
“I hope he can be a top-four manager but he has never managed a top-four club so you are never going to know until, hopefully, we get there.
“We have confidence Harry has every chance to get us there.
“We went for what we considered to be the best manager but other people may disagree.”