It is important but this season its not a be all and end all situation. Not long ago there were serious concerns over whether Rodgers would survive the winter and I didnt think he could ever assemble a side that could defend. Well through his tactical ability he has shown he can and as well the likes of Coutinho, Can and Lucas have shone.
I dunno, we found it difficult enough to attract top quality players this year (most of our successes have been relatively unknown/unproven players) when we were actually in the CL, it'd doubly hard without it and we don't have the money to overcompensate in the way that Utd (or even Arsenal, if they were to miss out) do.
Arguments like "oh we're only 4 points off" (it could be 6 by the end of play tomorrow, lets not forget) are all good and well if you're chasing one team, but we need
three out of four teams to start slipping up, and when they do we need to be able to capitalise. One of those teams is playing solely in the league, one is playing in only the league and FA Cup. We looked fucked today and we're only just starting probably our busiest period of the season.
We've been on a great run since what I consider to be our turnaround against Utd, but lets be real we've played only two teams from the top 8 in that period (one of which was West bloody Ham), both at home, and the half of those games came against genuine relegation candidates (Burnley, Leicester, Sunderland, Villa). We've probably got a tougher fixture list than any of the other competing teams (with games against every other top 7 team - Utd and Spurs (5), Soton (4) and Arsenal (3) all have less.
I mean obviously it's not over till it's over, but it'd need an epic run of form and a bit of luck on our part.