Yeah I agree, our transfer policy has been awful, so many players who were better than we have we could have brought in, but in the end I guess they weren't projects as they were more established players which Wenger generally turns his nose up at.
I really don't rate this group of players at all, bar a handful we should have a massive clearout to be honest, once again we have a lot of deadwood and sub standard players you can't build a top team with, it lacks all kinds of ingredients you need to win the big trophies, leadership, fight, desire, passion all key ingredients which help you to beat top sides and sometimes upset the odds. The organisation is also poor, defensively we're shocking and have been for years and a good team is based on a good defence at the end of the day.
There's a lot to deal with if a new manager comes in, the club is definitely not in a good place for any new manager to come in, it's a very, very, big job IMO.