I’ve always felt we went into the season with about the 14th strongest squad (definitely the smallest in the league)
With half the league in Europe though - including Palace and Forest who are around our level, and with Utd and Spurs still a mess, we did have a chance (with early January signings) to challenge for the European slots.
With no additions, that looks unlikely tbh. And next season without those advantages described above, we’ll find it much more difficult.
We had a real opportunity here in January and we’re just watching it walk by.