I'm not sure what the article tells us other than we waste loads of money.
Having to buy lots of players is bad because it indicates your squad is weak. But buying lots of players probably isn't the reason we perform poorly.
If that was true, then surely the opposite would have to be true - that if we bought nobody we'd get better.
What I do think is correct though is that the way to build a squad is in the manner Wenger does, he spends years building his squad with transfers that aren't going to pay off immediately, then starts adding real quality when those players are blossoming.
There's also a lot to be said about the way Swansea and Southampton go about their business.
This. The lack of vision at the top, no identity in terms of style of football, type of players, and poor appointments at the recruitment levels has cost us significantly. We have been purely reactionary, splashing money around hoping that one or two players among them would become world class and keep us at the top. And we have been very very lucky to see talents of the level of Fowler, Owen, Gerrard, Carragher to come through our youth systems. I highly doubt we will have that luxury in the next 10-15 years.
One thing which I thought we did well is targeting highly talented English players in the age range of 14-18 under Borrell. I hope we are continuing that strategy.
On a related note, an article from Empire of the Kop:
Since the 2009/10 season, Liverpool have sanctioned 111 SEPARATE LOAN DEALS. That’s 111 finalised temporary deals out of the club, some of which were players leaving multiple times – for example, Danny Wilson left on loan on three occasions.
These 111 deals include 91 separate players.
Of these 91 players who’ve left Liverpool on loan over the past six campaigns (including this one that’s just started),JUST ONE IS A REGULAR, CURRENT FIRST-TEAM PLAYER. Jordon Ibe. The 19-year-old spent time with Birmingham and Derby before establishing himself in our squad.
http://www.empireofthekop.com/2015/...s-a-myth-and-a-total-waste-of-time-and-money/
While I dont agree with some of the authors analysis, it does reveal the lack of vision and strategy in our purchasing.