That was my prediction at the start of the season, except I had Arsenal in 2nd for some reason.
Look, it is a win-win situation. Make Top 4, hooray. Don't make Top 4, then the Glazers will panic and ensure we spend enough to bring in quality players.
There is zero to play for this season. Might as well stop getting worried and just go with the flow. Our attacking players are the worst of the top 6, so how can we even expect to beat our rivals except when they gift us wins? A season out of the CL is not a disaster for us, it is a disaster for the Glazers.