We spend a lot of money in recent years, but the problem is that it's spread across a lot of mid-sized fees for a lot of players, rather than huge fees for a small number.
We have to do this right now, because our squad quality has gradually eroded away since the peak Poch years. We've missed the boat by a long way for being able to just add one or two quality players to an already good squad, and are currently in our 5th or 6th successive year of needing a major overhaul.
Matters made worse by a succession of utterly inept people involved with recruitment, that many point to Paratici as the standout performer in that field, a man who spent ~£60m on Emerson Royal and Brian Gil, speaks volumes.
We are an absolute mess, and the people steering the ship's only successes have been largely stumbled upon by chance - Jol, assistant to Santini promoted when the man we took a year of deliberation to settle upon walked after a handful of games, Redknapp, a desperation hiring to stave off a relegation battle, Poch, fallback option after LVG stood us up last minute to take the Utd job.
Anything they have time to actually think through, they cock up.
Hopefully Frank bucks this trend.