I'll reply with just what we have as our starting XI..
Ssxsad- One of the top form goal keepers of the PL right now
Sagna- One of the best RB's in the PL
Per- Solid no nonsense defender
Kos- piece of shit
Gibbs- avg LB
Song- very good CDM. may be positionally suspect but still very solid
Arteta- proven to be a very good CM. Wont set the world on fire but still good
Ramsey- has been great for a below avg Wales team but absolute garbage for us
RVP- one of the best strikers in the PL
Walcott- promising player but completely wasted on the wings
Gervinho- looks to be a good signing
Why am I bring these players up when we are talking about the board? That is because with that starting XI and with TV5, JW, OAC, Flappy, Santos, Ping pong in the squad, we are more than capable of being in the top 5 of the PL. Yes, the board wants profits but so does the Glazers but SAF (like AW) has enough pull to say who they want and dont really need to say why.. If AW can lower Cesc's price by 10 million quid for these 'money grabbing' board members, I am sure he can coax them to spend a 6 million on Scott Parker or sign a defensive coach.
I am sure the board is not without its faults but the reason for us being a complete pile of shit on the field is coz of AW. Board do not do the tactics or play players in their best positions. To put it simply, I'll give the board more time than AW.. I judge AFC as a football club and AW is responsible for that aspect (and more)... I am confident if AW is sacked and replaced even with a donkey, we will get better on the football field.