Ancelotti is a symptom of the disconnect that the club has at the very top level. We've subscribed to a Director of Football model essentially in the hope that we can get back to what we had with Moyes; that is to say, a football club geared at every level towards a particular style of play and vision for how Everton should be, which is when we are at our most successful. Moyes had it with us because Kenwright gave him the power to decide how the club was run at every level, and Brands' being at the club was sold on the grounds of us getting back to that effective long-term planning. Regardless of whether you like Brands, I think it's relatively clear that for Everton to be competitive, we need someone in that role who will emphasise the long-term over the short-term.
Where the disconnect lies is with Moshiri, and his desire to appoint 'Hollywood' managers who will naturally clash with the long-term approach, based off of their experience; you get the sense that this is why the club were so reluctant to part with Silva. The good news is that Ancelotti is unquestionably an excellent manager; the bad news is that there is a far, far bigger spectre lurking overhead Goodison - what happens when he goes? To me, I'm nowhere near as worried about the short-term as I am about the long-term health of the club; we've already seen what happens when you put a sub-par manager in control (Silva, Koeman), so you have to worry about where we go post-Ancelotti.