Stubbs said: "It's great for the city that one of its teams is doing so well in this, but if we finish fourth then we deserve to be in it next year."
Stubbs added: "If Liverpool do win it and don't get back in, I would have sympathy for them, but for us to qualify for the Champions League would be as big an achievement as what that Everton team achieved 20 years ago."
Whilst there has been no official comment on the issue, UEFA have noted that they would expect the 4th placed team to qualify for the competition at the expense of the winners.