The thing I don't get about so many people on this site is that they say without a) a new manager and b) lots of new investment, we're fucked. Surely if b) is true, then we can't blame a) entirely, and vice versa. It doesn't make sense.
Personally, I think it is possible to get by on the sort of strategy we're running but it's clearly a big risk - and the problem we have is we're trying to build this ethos in the premier league. It's almost more suitable as a strategy once you've dropped a division and are rebuilding.