No. We obviously aren't minnows. That's taking it to the extreme. I don't know if I'd use the word competition to talk about our domestic "rivals" but they did run us close a couple of times
I just don't like it when people dismiss losing 2 CL Finals as if it were nothing. It means everything, especially to fans who have waited over two decades to celebrate a victory in the one competition that matters more than any other.
I won't bash the management for signings like Sandro, Pjanic, and even the inflated figure they paid for Higuain, but the Rincons, Hernaneses, and Sturaros of this world are not needed

Overall, the management have done a spectacular job, but they have also made some mistakes.
As for last season's mercato, I think I gave it a 7/10 which is anything but a failure, but there were other areas which could have been improved and weren't.
As for this summer, if we get Schick, Keita, Berna, N'zonzi, potentially another DM, and a RB to use in rotation, while selling Licht, two of Lemina, Sturaro, and Rincon, it'll be a solid 8/10. Quality acquisitions, plenty of depth, and deadwood disposed of