He's getting his time.
Look, here's the situation as I see it expectation wise:
7th this season = fair enough
7th next season = not good enough, but not sackable, just a good sign that after 4 windows and his own squad largely in place he can't get us where we want.
Any failure in a third season (if he's still here) to make an assault on a CL spot is grounds for dismissal.
Having seen what this feller has done elsewhere and what he's done here I think he's a steady Eddie who doesn't have that certain creative spark that squeezes out the necessary extra points to convert an also ran into a CL spot team.