Madness.
You cannot just give them a free ride because Joy had a tight arse. It's part of the job to work within a budget. They've signed some absolute disasters and should be called out on it.
In fairness Mowbray called them out, "all you are doing is flipping coins"
But lack of budget means lack of scouting, lack background checks, relying on promo videos, relying on out of contracts players, hoping a once good player can overcome a serious injury given a chance, taking young players and just hoping they come good.
There are all sorts of reasons why talent fails to develop into successful players. A players progress is full of pitfalls. For instance can people predict what happens to a friend's health?
We have a lot of academy players who never made our first team but are successfully playing professional football in the lower leagues even non league. Those are still successes.
Any decent organisation looks to develop people. Lots of people's careers dont reach the heights of the boardroom. It doesnt mean they are failures or a waste of time.