Harry Redknapp has conceded that finishing third this season will be a difficult task for Tottenham, and admits he would settle for fourth place and a spot in next season's Champions League.
Defeat against Norwich at White Hart Lane on Monday saw Spurs miss the opportunity to propel themselves above Arsenal, and the latter can widen the deficit to five points with victory over Wolves on Wednesday.
It could get even worse for Spurs, however, with in-form Newcastle behind the north Londoners only on goal difference and, when a Champions League spot once seemed certain, the former could yet go without.
Chelsea are also pursuing a place in Europe's premier club competition, and are only two points adrift with five league games remaining this season.
Finishing above Arsenal had once been a priority for Redknapp, but with Newcastle and Chelsea hot in pursuit of fourth place, the Spurs boss would gleefully remain below Arsene Wenger's side, as long as they can remain where they are come May.
"We have not been in bad form the last few weeks, but today was a setback. We had a bad day," Redknapp told skysports.com.
"It is all still to play for though.
"It is going to be close, but there are still five games to go. It is the team who wants it most.
"We would settle for finishing fourth, Champions League football is the key.
"It would be lovely to finish above Arsenal, but that is going to be tough now.
"It is still all to play for - Chelsea have to play Arsenal, Newcastle have to play Chelsea, Chelsea have to play Liverpool away, so who knows?"