I took that as the club overall needed knocking down and rebuilding...
If we say the new owner and board are the new foundations, and the new manager and coaching staff are the walls and roof, then we really just need new fixtures and fitting (players).
Yes, it may not appear that we have done a lot on the player front and we all want new players in and old ones out, but I think sometimes it's easy to overlook how much has changed at the club in a short period of time.