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Yep, we have made very few good transfers since Moyes left and largely the best ones we have made haven't cost a huge amount of money (IMHO pound-for-pound Moyes bought better than any manager in the league in his time with us). And that was because Moyes had the vision for the club, Kenwright just let him get on with it. Since he left (along with 5 managers) we've brought in title-winning Leicester's old head of recruitment/director of football and then Marcel Brands but it doesn't really feel like the club has a clear vision or plan about how it will progress. Ancelotti is basically the managerial equivalent of these players, he's what we need now, everyone likes him but I'm not sure what he offers towards building long-term.
Tonts
I just get annoyed by Everton because they have this great club and fan base but consistently bollocks up transfers. I don’t think these are terrible transfers but just question the logic behind bringing in 30 year olds who are obviously wanted by a specific manager (said mistake as with previous 3/4 managers)