I'm not saying we can just stop spending money.
What I am saying is the club needs a couple of years of spending far less, so we can significantly reduce the wage bill, and bring some sort of identity back to the club.
Our identity for the last few years is being somewhere for mediocre players with PL experience to come and earn a fortune, with no pressure to succeed and no consequences for failure.
Spending much less in the short term and being smart with our recruitment is the only solution that has a chance of working. And it might even be too late for that, because so much damage has already been done.