In theory yep. Personally I would rather we didn't panic buy - if we cant get Quincy over the line then sobeit, I'm pretty sure we did all we can. Time for our current squad to step up to the plate, stop talking a good game, and go for it. If we go down, we go down - but at least go down fighting.
In the meantime - I'd rather gamble and not bring in 2nd choice players because our main target has not come off, if we stay up we have funds to get decent signings in the summer.