Speculation continues to suggest that Gareth Bale - who plundered 26 goals last season on his way to netting a PFA awards double - will soon be on his way to Real Madrid in a record-breaking deal.
Were he to leave, he would leave a sizeable hole in Spurs' attacking unit and their hopes of securing a top-four finish.
Dawson is, however, keen to point out that Andre Villas-Boas has spent wisely this summer and has ensured that the club will be remain competitive with or without their talismanic Wales forward.
The England centre-half said: "'The goals Gareth scored last season were unbelievable but we have good players in the squad he couldn't have done that on his own and I think he would be the first to say that.
"We have brought in players that are going to hopefully get us to the next level.
"Roberto (Soldado) is a top signing. You look at his movement. He can send you one way and then another.
"As a club you never want to stand still, you want to keep improving and that's what we've done this summer.
"As a football club it's always been our aim, to be in the Champions League. Seventy two points was a club record last season but it wasn't quite good enough to make the Champions League, where we all wanted to be.
"But we live to fight another day and our aim is the Champions League. We know how tough it is. Everyone wants to be in that top four and you have to earn the right."