"If we win the FA Cup it'll be an excellent season," said the Kop favourite.
"If we lose to Chelsea or lose in the final, it'll be a good season because we've progressed a lot in the league and picked up the [European] Super Cup.
"We're disappointed with the way the Champions League went but there has been progress made. Like I say, the FA Cup could make or break us.
"We aim to go really close next season in the Premiership. If we make a few signings in the summer, it can give us another lift again. We really need to challenge for the title and go as close as possible, or win it."