The thing is we are 5th in the league because Pool and Chelsea have laid an egg this season.
We're in the CL by the skin of our teeth in what was an "easy" group.
In the FA Cup we have played one game: against Portsmouth.
With the backing we gave Conte we should be on 2pts/game form and playing some modicum of attractive football. We have more quality options than we did last year (because we backed Conte), but are performing worse. I don't think Arsenal has anything to do with any of this. The Levy Out chants would have been coming, even if Arsenal was fighting to not get relegated.
That argument really doesn't stand up in sport because it assumed you can purchase points.
Liverpool and Chelsea are performing below expectations - we're 5th.
Alternatively, Arsenal and Man U are performing above expected expectations - we're 5th.
That's just how sport works. 5th is about right for us.
Chelsea have spent more than double than we have, yet find themselves struggling.
Re: CL and FA Cup. That's Conte's way.
You go to say Conte has better options, because we've backed him. Then go on to say the Levy chants are inevitable.
Part of Levy's job is to back the manager - he's done so.
In your own words Levy has supplied Conte with better options, yet we are "performing worse" (that's subjective. I'd agree with you. Conte would probably say we are performing the same).
However you cut it, I don't see the justification for Levy being the target. Other than a lazy position that doesn't stand up to basic scrutiny.