Having read the Athletic piece from today, that seems to be the Friedkins' view of things: looking for somebody to pick us up out of the dirt, solidify things so we're not trying to stave off relegation every year, and then go back to the kicking-on part of the plan from there, after a year or two.
Can't say that I won't be disappointed if that's the plan, as I had hoped that they would be more aggressive in the summer, and I still think they wanted to do that before Dyche forced their hand. But it sounds like they are in fact willing to give Moyes a year or two to get things fully under control. Don't love it, but I at least understand where they're coming from. Plus Moyes has a reputation for picking out players without breaking the bank, which they have to be looking at when needing to replace half a squad in basically one window or so.