For almost any club in the world with a fan following of Arsenal, defeat to Championship side Blackburn and the potential of the trophy drought increasing to eight years would have been enough to put the manager in extreme risk of losing his job.
However, according to The Sun, the exact opposite is happening, with Arsene Wenger set to be handed a two-year contract extension.
The Arsenal board still have their faith in Wenger, and with the promise of considerably strengthening the squad in the summer, the club are ready to keep their manager at the helm until 2016 at least - Wenger's current contract expires in 2014.
Arsenal were embarrassed for a second time in a cup competition this season when they lost 1-0 to Blackburn at the Emirates, with fans, fed up with seeing their side's mediocre performance despite paying the highest ticket prices, calling for the manager to resign immediately.
However, Wenger's job at Arsenal has been one of the most secure in the history of the game, such is the power that the Frenchman yields at the Emirates; even Sir Alex Ferguson would have found it difficult to justify holding onto his job at Manchester United, if his side had been on a similar run.
Wenger refused to blame his decision to play a relatively understrength team against Blackburn, saying he had the players to easily pickup a victory against a side, who lie one tier below them.
To a certain extent he was right; the team that was put out should have been good enough. However, there is another side to that story. It is Wenger's decisions that have seen several "big names" being given chance after chance despite never really producing on the field.
At the end of the day, the buck stops with the manager, which is why the coach is always the one to get fired. The winning mentality does not exist, as Wenger himself acknowledged.
"Of course we did not expect to lose the Blackburn game," Wenger said. "I think we have a great team but this shows that we still have to show more maturity on the mental front.
"We have to understand what it means to win big games. This was a big game for me. It is important that we come back and respond well.
"Maybe they still thought: 'OK, we're playing at home against Blackburn, it will be difficult but we will win the game anyway' but it doesn't work like that.
"The top level is about consistency in every single game and that's what we could not show. Coming after the Sunderland game we came out with a flat performance and that shows that, mentally, we are not capable at the moment of preparing in exactly the same way for every game."
So the players went out thinking they were going to comfortably win the game? So, whose job is it to make sure that every single player on the pitch is concentrated and putting in a 100 percent in every single minute? The answer: The manager's of course.
There is no way a Ferguson or a Jose Mourinho would have allowed their players to just walk out and expect to win matches. It does not work that way. Every single day a winning mentality is instilled, even if games are not being won. The importance of victory and the repercussions of defeat are drilled into every single player. Wenger was like that at one point, unfortunately it just isn't the case anymore.
And that is as sad a situation as any.
Arsenal are extremely unlikely to win the Champions League. They cannot do a Chelsea, purely because they are not good enough defensively. And on the attacking front, there are several other teams currently that are better than them.
Chelsea winning the Champions League was a miracle; if Arsenal do so this season, it will be an even bigger one.
Wenger deserves a lot of respect for what he has brought to the club over the past 16 years, but you cannot live on you past achievements forever. Arsenal just lost their best chance at silverware Saturday, and even if they somehow get past Bayern Munich and enter the quarterfinals, more equally difficult challenges will lie in wait.
"In Arsene We Trust" was the most popular saying among Arsenal fans; however that trust is waning and waning fast.
