You could argue that we are flirting with the ol' 4th place trophy, though. A push, a wee momentum - and we could salvage the season to a degree (actually a pretty significant degree, when you consider the difference between CL and no CL).
Of course, it all depends on several factors, LVG himself and his status as far as the club are concerned being the primary one. What I'm sort of dreading here is that we pull another Moyes: Wait until nothing can be salvaged, and then fire him. If it then turns out that Mourinho was indeed available - and willing to take over mid-season - it'll seem like a bloody waste.
But hey, no sense in crying over milk that hasn't even been spilled yet. My take on the situation is very simple: If LVG's performance as such is deemed unsatisfactory, it's natural to strongly consider firing him given the circumstances we're in: A new, motivated man in charge could give us the push we need to get 4th (which is presumably regarded as very important by the club).
If his performance as such is not deemed unsatisfactory - alright, fair enough, reap as you sow and so forth. It could turn out alright in the end, stranger things have happened.
Yeah, very valid point, but I do think the relegation threat has a stronger relationship than the one described above. Yeah, I see your point, I'm quite against Mourinho coming in anyway, so maybe that's my bias on the situation
I think if LVG performance is purely based on results, then sack him, but what you've got from LVG is:
1) An identity with shape, the importance of it and the roles people play in a team
2) A strong possession and defensive focus that a new manager can build upon (always the plan, I believe) - not saying he never promised attacking football, but I imagine it is at the expense of getting the former in place
3) people like CBJ, McNair, Blackett, (Christ, even Nick Powell) getting chances in the first team. Showing that the academy it's attitude and application that gets you your chance, not just talent. Pretty sure all those examples had glowing training reports months prior to their 1st team appearances
4) (kind of like point 3) The academy system and training needs serious addressing and I believe he has a large advisory role in how it should be shaped.
Where he has failed, is the ultimate goal of succeeding with the above and maintaining a competitive 1st team. It was all a bit too much to ask I believe. I hope at the end of the season, the new manager will come in (in the case their is no improvement) and continue with the visions above; whilst applying their stamp of flair on top of it. If we improve and get a respectable position, hopefully the season after.