As long as we can objectively compete there aren't "transitional" seasons (meaning throwaway seasons). That's the point. And we competed this season as well, and it's hard to imagine a team that's not able to compete at the moment (the bar is pretty low). So in that sense this season has been a failure (with some positives of course).
This. If last season was Rijkaard 2003/2004. Then this season we should aspire for it to be Rijkaard 2004/2005. The budget isn't there, but the quality in free transfers is along with the youth players. It is a different market so one or two solid transfers can even be attained now and paid next year like the Italians do, or even PSG did.
A club like Barcelona should never write off seasons.