Somebody would argue that you are getting your excuses in early. lol
The fact is we are going into the season with a very similar squad to the one we had last year. We have brought in a replacement for Kean, (which we didn't last year), have replaced Bernie and Siggy with Gray and Townsend, and have improved our back up keeper. Plus there is a chance that we will hopefully get some decent game time out of Gbamin who gave us a glimpse of what he may be capable of during pre-season. The only negative on last season is that we have offloaded our left back cover, but then again we didn't play him last season anyway.
So, on the whole, I'd say that our squad is actually stronger than the one we began last season with. I expected us to challenge last season and I expect us to do the same this season too. Maybe not top 4 but certainly for European places. Despite me not liking him as a person, I do believe that Benitez has also very quickly come up with a playing system that suits the majority of our group of players and lads like Doucoure, Iwobi and Gomes may all benefit from that. We play with more purpose and the players look fitter too. It's good to see. Gray and Townsend look like good purchases and hopefully that will continue.
Unlike you I believe the manager needs to integrate James back into the squad, get him fitter and use him when we need a plan B. I'm hoping he's pragmatic enough to see this because discarding him from things serves no purpose whatsoever apart from being a complete waste of resources when we have so little anyway.
I think we're more than capable of winning a trophy this season and competing for top 6/7, and based on what I've seen so far, only a bad run of injures will stop us doing that. We're due some good fortune in that regard. I said in a different post that, with 2 pens in the first 3 games, maybe Benitez turns out to be a lucky manager for us.