Yeah just seen it ;)
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You don't finish top 4 every year with an incompetent idiot in charge IMO.
But as the term is purely subjective I don't think there's much point discussing it further.
The only thing saving him now is his reputation. For example, if I was hired to manage Arsenal and I started fucking up (because I'd be incompetent at the job through lack of experience) it wouldn't take long for fans to start calling me incompetent. And if I spat back at them and said no, I'm right, the whole world is wrong - then they'd call me an idiot too. And nobody would see a problem with that because indeed, I'd be incompetent and behaving like an idiot.
However, take a man who has managed a club for 20 years and when he fucks up and behaves like an idiot people say no, it can't be true, a man of his experience can't be incompetent, he can't be an idiot. But they wouldn't be judging that on the evidence, they'd be reaching their conclusions based on reputation.
And the term isn't purely subjective. When somebody cannot perform a task through lack of knowledge or ability it is not subjective to call them incompetent. There's the task. The task remains undone. Because the person asked to complete the task is unable to do it. Because he is incompetent.
You can be successful and still be a real idiot. Take Trump for instance. The 2 things are not mutually exclusive. A smart man would have made far more of the inheritance given to him by his father. So coming 4th while having all the means to come 1st means diddly really.
Wait...hang on, the other day you said you hate Wenger because in your view is he's colluding with the board to make money to the detriment of competing.
If you believe that (which I don't) then surely he's doing an excellent job? I don't see how you can think what you said the other day AND think he's incompetent...