I think next season is about consolidation and getting some semblance of performance from a team that was criminally out of fitness and form. The current squad is much better than our form last year suggests.
I would expect an improvement from last year just from that.
You then have to factor other teams improving which probably counteracts any improvement from the current squad, particularly as we have a new manager which will take some time to get going.
What we do in the transfer market will be interesting, especially relative to clubs around us. I think people are getting a little carried away in their expectation of what £100m will get you but that is understandable given how much we have struggled financially. What the money does give you is genuine ability to improve the squad.
One thing I would like to mention is the assumption from outside Everton that this is just another middle eastern investor who wants to try and force his way to the top by throwing money everywhere.
This is not what is happening at all. First, he's been a large shareholder in Arsenal for many years. He understands football and the premier league. We are looking at bringing in top business expertise from outside. David Dein is rumoured to be on his way as well as the current CFO of BP. All this is to improve the business & commercial strategy of the club. The key goal is a new stadium and a site has apparently already been identified.
On the playing side of things, there are obvious problems but this was linked to the former management team and their philosophy rather than quality of players. We are looking at improving the infrastructure of the playing/coaching staff, the first step of which was to replace the manager. Expect a DOF to follow. Our youth set up is already excellent and we have a number of great prospects pushing for the first team. Some of which have been developed internally and some of which have been bought at a young age (the youth team has its own transfer budget). Expect to see names like Galloway, Holgate, Kenny, Pennington, Ledson, Dowell and Davies make the step over the next couple of years (some have already appeared in the first team). That is not an exhaustive list by the way.
This really is a long term project and not an attempt to buy our way to the top. The transfer budget is just a way to help facilitate this.
It may all fall flat of its face but as a fan for 35 years, I cant help but be optimistic about the future.
To answer your question, I think 8th and a cup run is the minimum we should expect. But I think we might surprise a few and do better next season.