Waggott said that we have the 8th/9th biggest budget in league 1. While this should not be an indicator on where we finish due to other factors such as amount of signings (having a very different first 11 takes time to adjust) and squad depth (which i feel we have a lack of), it tells us that we should be doing a lot better than we currently are.
This is down to a) the signings and b) the system. These integrate because although i regard some players as good signings, they just don't fit into the system e.g Pugh who is never a wingback and O'Brien who shouldn't be playing central (maybe if he had the protection of a ball winning midfielder). This all comes down to Pressley, he either signed shite or is playing players in positions they cannot play... making them look shite, and he has clearly underestimated the importance of wingbacks.
Despite this, I'm not calling for his head, yet. I think he'll learn from this, realising that buying a player with "championship" experience, like Pugh and O'Brien, is pointless if they do not fit the system you're trying to play. He needs proper wingbacks, someone exactly like Christie, massive engine, pace, able to be a focal point of attack, not Jordan Clarke. Also, he needs a stronger midfield (we've been saying this for years haven't we?), there is very little there defensively at the moment. Biggest problem is, he won't be able to change this until next summer (can't see any major movement in January), by which point he may well be sacked.