I wouldn’t go that far, he has reinvested solid funds, just not built a good team, but we have some fantastic players. The Allams would have pocketed it all and signed free transfers from premier league youth teams and the lower leagues.
I mean in terms of how much we shot ourselves in the foot, not necessarily the players we signed.
We sold/released players we didn't need to (hell, in retrospect we could have kept Traore just for some consistency, although who knows what his wages were compared to Palmer/Zambrano), sacked a manager who finished 7th, and took until the closing weeks of the window to do anything of note about it.