I don’t think this group of players can mount a serious challenge for silverware. Like you said the rebuild of the treble squad was seriously fucked up. Add to that now that KDB is gone, Grealish is gone, Gundo, Ederson, Akanji may follow. We never replaced Mahrez or Alvarez. The group that won us these trophies and dragged us over the line in hard games is gone and the players we have brought in are not good enough.A lot better than last year which saw us play poorlyf, and get humiliated in Europe but still finish third and reach a FA Cup final. I expect us to do about the same this year but look a lot better as an attacking and defensive unit as the season goes on. And then next season seriously compete for the big titles again. That should always have been expectation when it became clear that they fucked up the transition of the treble squad.
I am done raging about that and accepted that this rebuild won't happen over night.
I worry now that the apex of our improvement might be the end of last season - pick our points up against teams from the bottom half and fall to bits when we face any real quality or energy.