I actually think we need to get back to the 'cheap' academy model that Doug was trying to make us sustainable on.
On hindsight I think if Ellis had stayed and Lerner had not opened his chequebook initially we could have built a squad around the likes of Cahill, Ridgewell, Davis, Whittingham, Gardner, Albrighton etc. All our academy graduates who we sold for dirt cheap during the MON-Garde period have become decent Premier League-standard players. We need to trust in our academy and rebuild the Southampton way in the Championship, slowly bring up a solid batch of pros.