Yeah, but you have to place it in context. In the PL of the time those in bold would have been viewed as very good first team players outside all but the elite.
More context
No. Position Player
1 England GK Paul Gerrard
2 England MF Steve Watson
3 Italy DF Alessandro Pistone
4 England DF Alan Stubbs
5 Scotland DF David Weir
6 England DF David Unsworth
7 Sweden MF Niclas Alexandersson
8 Canada FW Tomasz Radzinski
9 England FW Kevin Campbell
10 Scotland FW Duncan Ferguson
11 Wales MF Mark Pembridge
12 Sweden MF Jesper Blomqvist
13 England GK Steve Simonsen
14 Israel MF Idan Tal
No. Position Player
15 Scotland DF Gary Naysmith
16 Denmark MF Thomas Gravesen
17 Scotland MF Scot Gemmill
18 England FW Wayne Rooney
19 United States FW Joe-Max Moore
20 Scotland DF Alec Cleland
22 Sweden MF Tobias Linderoth
24 France MF David Ginola
25 England GK Andrew Pettinger
26 Republic of Ireland MF Lee Carsley
27 England DF Peter Clarke
28 England DF Tony Hibbert
29 England MF Kevin McLeod
30 England MF Nick Chadwick
Left club during season[edit]
No. Position Player
12 England DF Michael Ball (to Rangers)
18 England MF Paul Gascoigne (to Burnley)
21 England FW Danny Cadamarteri (to Bradford City)
24 Portugal DF Abel Xavier (to Liverpool)
25 Denmark MF Peter Degn (to Brøndby)
No. Position Player
26 Norway GK Thomas Myhre (to Beşiktaş J.K.)
Ghana MF Alex Nyarko (on loan to AS Monaco)
England MF Tom Kearney (to Bradford City)
England MF Matt McKay (retired)
A huge amount of absolute rot in that squad. Virtually nothing to sell to raise funds either; Martinez got £27m for Fellaini.