It's no coincidence that the degradation of the club's structure - from the boardroom to everything surrounding it - coincided with our plummet from the PL to our current position. Managers have come and gone but very few of them have been able to successfully work with the skeleton structure we have in place. Bowyer nearly made it work but once the funding stopped it was game over. Mowbray is doing an OK job at present, but when you're able to buy the best players in the division your team is going to be competitive. We won't be able to do the same if we get promoted unless Venky's pump in significantly more money.
I remember how dismissive certain people on here were when the likes of Williams and Finn left. Losing those kinds of people was just as if not more damaging than sacking Sam Allardyce. Once we had Agnew, Babu, Shaw, etc running the show it was curtains for us as a club with any serious ambitions. We're not really any better off in that department now, so once funds dry up I imagine we will begin to struggle again.