The issue with handing out contracts last summer was them essentially benefitting from Suarez's great work. Lets not forget that last summer Sterling still had 3 years left on his contract; it was nothing urgent. Giving Sterling a 70k contract on the back of 6 good months is questionable from a management perspective; though obviously I'm Sterling's biggest fan, have vouched for him for ages, and would easily have given him a new contract, myself. If he leaves this summer it's not the end of the world; £30m+ to spend on a striker. Our best spell this season came when he was the striker, and there's a clear upgrade possible on him in that role. Markovic, Ibe, Lallana are his replacements at AM; I'd bet on at least one of them coming good last year. What we miss out on is a talent that will dominate the PL in years to come, but I guess we can't do much about that any more.
The under the radar threat to us right now is Sakho only having 2 years left on his. We need to get that sorted ASAP.