What do you think has changed? Both periods had Levy in charge at the top. Why were we more successful when we had less money to spend? There is no doubt that the Pochettino squad was sensational value for money but ENIC/Levy out was already a thing even then.
The thing that has changed is that we have become arrogant as a club.
They behaved arrogantly towards regular staff by threatening to furlough them on 80% of their wages (even though the savings were pityfully low) during Covid while they kept their full salary.
They arrogantly believed we should be part of the European Super League.
They arrogantly believed that we could get a top manager after sacking JM but the search became a farce and we ended up with Nuno.
They have acted arrogantly towards elderly fans by announcing they were getting rid of pensioner ticket discounts.
They have acted arrogantly towards many long term fans (who turned up throughout the dark times of 1992-2005 and who kept turning up at the wembley **** hole week in week out) by pricing many of us out of most league games at the new ground.
They acted arrogantly by deciding not to spend in January when it was obvious we desperately needed new players.
They acted arrogantly believing we could drift through the rest of the season cos we were too big to go down.
They acted arrogantly when sending out an email in February this year saying that they were going to freeze ticket prices next season and lower Newcastle to a catagory B game tp make it cheaper as though we are not in danger of going down.
Arrogance leads directly to incompetence and we have acted incompetently at several points over the past 7 years.
Sacking Pochettino just months after signing four players for £130m and expecting a diametrically opposite type of manager (JM) to get a tune out of them was incompetent.
Everything about the timing of sacking JM and appointing Nuno screams incompetence.
Signing Richarlison, not replacing Son, not replacing Vicario, bringing in Tudor with (no prem experience) to save us, spending well over a hundred million and sacking the manager before the sessons end ... not once but 4 times in 7 yrs :
1. Pochettino 19/20
2. JM 20/21
3. Conte 22/23
4. Frank 25/26
all point to incompetence...no one competentent makes the same mistake over and over again.
It strikes me as extremely incompetent to take a top 4 placed team for 4 straight seasons who made it to the CL final and a team who'd been in European Football for 14 out of 15 years and take them to the brink of relegation within 7 years ...after spending close on £750m and having 7 managers in that time...only one of which who lasted a who season.