Conte was appointed on Tuesday on an initial 18-month contract. The Italian succeeds Nuno Espirito Santo, who was sacked on Monday.
The 52-year-old has had huge success in management, steering Juventus to multiple titles before doing the same with Chelsea in England.
His last job saw him dethrone his former club Juve as champions with Inter Milan, but he left last summer after falling out with the board over his transfer demands.
And Jordan is in no doubt over the pedigree of the manager Spurs have landed, but has raised concerns that Levy may fail to back his boss in the transfer windows.
"We've got a manager who's going to go in at Tottenham Hotspur and change the direction of travel," Jordan began.
"They're gonna have a very different outlook than previous managers in situ.
"He is a packaged, fully-fledged, current champion of a particular league.
"He left because they wanted to sell Romelu Lukaku and couldn't continue to support the regime that he wanted of the persistent evolvement at Inter Milan financially.
"If Daniel Levy is now going to turn himself inside out to give Antonio Conte what he wants and support him with huge resources, then we're going to see a wonderful marriage.
"But in this instance I can't see Daniel doing that, but they've got someone in the building that must satisfy the ambition of Tottenham fans."
Jordan also admitted he was unsure about the 18-month contract length for Conte.
"Do you believe honestly that Tottenham are going to turn into a team that overturns the current top four in the next 18 months with what they've currently got?" he quizzed.
"The model has been proven by Thomas Tuchel that you can be given an 18-month contract and turn it into a three-year deal.
"Are Tottenham suggesting he needs to prove himself? Or is Antonio Conte saying to Tottenham: 'I'm not sure about you lot, so I'm going to give you 18 months of my time.'"