Firstly I hold Lerner ultimately responsible for our current state. However when PL accepted the job it is reasonable (based on what we have seen) to believe that he was informed of the spending/wage constraints and given a budget. He then chose to go overseas/ to the lower leagues to bring in a bunch of players, who were not proven Premier League standard and simultaneously made it clear to several experienced players that they were not in his future plans.
His plan has backfired, not enough of the new recruits are good enough, and if the so called HairyHands is telling the truth he is now trying correct things by adding back more experience BUT Lerner etc are saying no to higher paid players.
I have no reason to dis-believe this latest ITK but if true I find it absolutely amazing that potentially the Manager or someone close to him only 6 months after joining the club thinks it is neccessary to use online forums to get his side of the story over almost in an attempt to get support from the fans to pressure the board or at least take the flak away from PL.
You may disagree, but it does seem that there is already conflict at the club.
FWIW i have lost much confidence in PL but also think RL signed him and has to bite the bullet and support him financially or we are going DOWN!