I'm going to be honest. I think the situation is dire.
We have a central midfield that is utterly reliant on a 34 year old Idrissa Gueye, with no one signed to replace Onana in the engine room, as a defensive or central midfielder.
Our starting right back is either an oft injured 22 year old wingback who is defensively suspect and not favoured by our manager, or a 35 year and 39 year old, both of whom have relentlessly been the focus of (often successful) opposition attacking forays last year. I don't consider Mason Holgate an option.
We have one(!) starting quality left back, who is coming back from serious injury. Our only back up to speak of is again 39, and again an obvious weakspot for opposition sides to exploit. I don't consider Mason Holgate an option.
We have a starting striker who is oft injured, rarely scores, and doesn't want to renew his soon to expire contract. We also can't seem to win without him.
I would have thought any funds spent would be in our obvious above positions of need, as opposed to what look to be predominantly luxury purchases to date. To not deal with these obvious midfield/defensive holes first, to me reeks of utter carelessness and irresponsibility.
There's not much point signing wingers and attacking midfielders galore if we can't win the ball in midfield, can't defend on the wings, and can't attack with width because our fullbacks are nearly 40 and can't run or cross.