Their biggest problem is that they needed to fill their DoF role before anything else, and they haven't. Howe is, I'm pretty sure, the only footballing person employed in the hierarchy currently. (I believe similar to when we went down.)
They have no sense of direction and what kind of plan & club they will become. If they do get relegated, what is their plan going to be? Buy the best Championship players like we did our first year? We have seen first-hand what happens if that doesn't work immediately. Do they go the young player route? Again, still waiting on getting a DoF is hurting them more than losing matches imo