The infrastructure clearly needed an overhaul. Can't really argue with it. We've established foundations (no pun intended) to build on. Kudos to Levy for that.
It's important to note that we COULD NOT have borrowed £1 Billion to invest in our squad. Banks would say, "where's the collateral?". We'd say "there: Sanchez, Doherty, Hjobjerg [insert more poorly scouted players costing £1B]". Banks says:
We should have backed Poch. But we didn't have the money at the time. Poch fucked up, too, it's not like he was brutally let down by someone promising him everything and giving nothing. We ended up borrowing a shitload more during covid to buy some (mostly) shit players.
Now, I'm glad that the ESL didn't go ahead, but if it was a case of 'are you in or out?', then Levy was right to put us in the ESL. No question. We would have been TOTALLY FUCKED if it had gone ahead without us. Anyone who thinks otherwise is living in cloud cuckoo land.
We badly need a director of football.