When the best we can attract is from clubs below us then that suggests the issue has been there despite our recent league result also.
For what it's worth, I said it last year and it's even more true now. This is a perfect time to rip the squad up and start again. Bring in a young ambitious coach in the summer and start a mass exodus of the senior squad. Replace them all with younger players and build upon that. I'm not talking 18 year old year, early 20s, talent that hasn't shone where they are. Look to develop a scouting network that actually scouts players from around the world and develop from there. Yes we aren't going to compete at the top but 150 million less and we haven't exactly improved one bit anyway.
It's the perfect time to do it as well even more so than last year. We have 6-7 young players already at the club we can build a future around and if say at least 5 or so senior players as well. Start from the beginning and develop a strong squad from nothing and then 4-5 years time we can have a team to be proud of and hopefully a manager still who takes us somewhere.
Along the way we will have to sell some of these players sure but for big profit and that is where the development can come into it. Same as them lot, make a massive profit on a player and strengthen with the cash.
But the point is we have a squad of players who mainly are old enough to have experience to be able to play in the team and not old enough that we can plan at least 5 years around the lot of them. Create competition and hopefully we can progress without resorting to throwing 100s of millions away to act like we are big time and then produce seasons like this one