Obviously a disappointing mercato so far and unlikely to get much better by the sounds of it. Even if we manage to get Locatelli - I consider him to be a better midfielder than what we have but thats not exactly saying much - I don't consider him world class. In fact, I would say that many of the non ancient national team players (except Chiesa and Donarumma and Spina) are made to look way better than what they actually are based on how well Mancini got the team to work together.
Serie A is winnable given how Inter has self destructed financially. But Europe seems way way too optimistic with a quarter final place looking like a trophy in itself. Still, sometimes the strongest teams on paper don't win the cups (as Italy showed at the Euros). That would be our only hope - that Allegri works his magic and brings out the best of the team - especially the midfield. But I suspect our only hope in Europe is to play on the counter as our midfield sucks too badly but we have good men in defense and attack.
The defense and attack in my opinion are very good even by European standards. The midfield though is worse than some mid table teams in the EPL. The fact that McKennie was at times our best midfielder last season sais it all.
Before the mercato started, my hope was that we completely reshaped it. I wanted Bentancur, Bernardeschi, Ramsay and maybe even Rabiot out and bring in at least 1 truly world class midfielder along with someone like Locatelli and use youth options for back up given our lack of funds. So the fact that we are only looking for Locatelli is a big dissapointment.
If I remain hopefull, maybe Allegri can turn Rabiot into a world class mid with more consistency and can somehow make Bentancur a decent player or do something amazing with McKennie.