Spurs risk slipping out of the Champions League places this weekend.
"I don't think it's a failed squad whatever we do," he said.
"We're not entitled to be above Chelsea. Look at their bench the other night. They had people like (Fernando) Torres and (Daniel) Sturridge and other top players.
"If we finish fourth we'll be delighted and if we finish third it will be even better. I can't fault the effort of the players this year whatever they do."