7th place is FSGs financial 'sweetspot'. They know that it will be extremely difficult for any of the lower clubs to over take us in the next few years. And they know that for us to finish in the top 4 or overtake any of the teams above us it will cost us more than we would get in return. We don't have to spend much money at all to stay in 7th for the few years until a buyer comes in.
That's probably true but what's the point of supporting the team? I think you have the right idea being an armchair fan.
It depends how you want to quantify it. I stopped going to games many years ago for a number of reasons. These days I quite enjoy being a fan despite constant mocking from rival fans, my wife, kids etc. No matter who is in charge (even Roy), no matter how well we play and no matter what the result I always enjoy watching us. Even when we aren't 'entertaining' I still enjoy watching them because I've been a lifelong fan.
In reality though, I guess there's no 'real point' in supporting any team unless it gives you some kind of enjoyment.