Let's look at this logically, and ask ourselves a few questions.
1) Can we win the EL if the manager decides to take it seriously, and we get decent draws along the way. I believe the answer is YES
2) If we were still in the CL could we win it. I think the obvious answer is NO
The game is about glory, and finishing 4th in a twenty horse race hardly constitutes glory. However, winning a trophy, any trophy, is glory, and what's more gives thousands of fans a great day out. Last year Poch sacrificed every cup in the hope we may win the league, and as a result the club ended up with egg on it's face, especially when we lost 5-1 against a ten man Newcastle who had already been relegated. The fact is we are not good enough to pick and chose what competition we want to win, we have to try and win everything. No player will be asked to play more than two games of football a week, and let's face it, that can hardly be considered hard graft, can it?
To be honest, until we are good enough to actually win the CL I don't give a toss whether we qualify for it or not. Mr levy would argue about the financial benefits, but as he never spends any of the revenue on improving the squad, why should I care if the shareholders get a bigger payout. Lets get our heads out of the clouds, and come to terms with who we are. We are in the second tier of the premiership, and that isn't to say we are not a massive club or a club without potential, but we should be concentrating on winning trophies we can win rather than chasing pipe dreams !!