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If they're not allowed to reference the MCU, he's out of the MCU. Also, no other MCU characters will ever be in a Spider-Man movie. How can you call that still being a part of the MCU?If Sony will resume Spiderman's situation post FFH in Spiderman 3 project, so it will be a Spiderman 3 from MCU, still lives in MCU (just Sony's creatives instead of Feige's tools) not a spidey out of MCU
Whatever john campea said, if venom had tanked i think sony would have kept spidey in the mcu.