I don't think there is any real story here.
I have always felt that CA was not going to try and build slowly , I think he and Brands are working on a twin track approach.
CA will bring in senior players he knows and trusts to improve the team in one sharp transfer window.... I think the plan has been tweaked because of the pandemic but the desire is to get a team together for next season that will challenge for to six.
At the same time Brands is bringing in young players like Branthwaite and Nkonkou(hopefully more to come) to develop over a couple of seasons with the best of the young players already at the club like Dobbin, Gibson , Simms, Kyle John and others.
We have clearly not moved to the conventional DOF model. Brands does not run the club, in the way say Rangnick runs clubs at the RB franchise or many European clubs exert enormous control. How Brands feels about this, if he was promised something he hasn't got, if he's frustrted with it or alternatuvely if he's happy to go along with it for a decent package.
I think the appointment of Ancelotti has accelerated these changes, but it hasn't fundamentally caused them. Managers continue to have a big say in recruitment with the team, and it's partly whywe are in a mess, as each one fails their transfers compound problems.
The flip of it, is that if you are going to go all in on an individual, never mind a manager, Ancelotti is about as good as you can get, particularly for Everton. So I can see why that move has been made.
I make you right, we would seem to be operating almost a parallel recruitment drive. Ancelotti gets a lot of first teamers he wants, while Brands sorts the academy out and seeks out younger players. The initial concerns would be it looks eerily similar to the Koeman/Walsh arrangement. I prefer organisations to be working to a singular aim. That being said, the counter may be, Koeman and Walsh don't have the calibre, experience and ability to fulfil that plan, as say Brands/Ancelotti do. We will probably see this theory tested in coming weeks.
I'm not really a football hipster who only wants us signing under 24's. With the manager we have, he could get the best from experienced players, so it sort of makes sense. One thing for Ancelotti, is he seems more open to integrating younger players than Koeman did, and trying to improve them. That might be the hope of the club, that as we improve the quality of the first team, some of the names you've mentioned above come through, and we perhaps move some on for big fees.
Interesting times, and I still think this James thing has a bit to run yet.