I can't blame them for the VVD debacle. That was a case of damned if you do and damned if you don't. The only person to blame there is that **** VVD (and the scousers of course).
Lemina was needed as a back-up/partner to Romeu. They were lucky last season that Reed's gamble that Romeu wouldn't get injured paid off. Hoedt looks like a decent buy.
The biggest cock ups:
1) The inability to bring in at least one bloody front man who can score goals. Not just last summer, but the summer before that as well (ever since we lost Mane and Pelle). It was clear to anyone with half a brain that we have been woefully inadequate in that department for ages. So what do they do instead, they sell JRod and loan out Gallagher.
2) The Fonte debacle of last season.
3) Sacking a decent manager who did the best considering 1) and 2) above, and replacing him with an Argentinian version of Wigley.
4) Not bringing in a mobile goalkeeper who can make saves, and relying on our statue in goal. This goes back several seasons (and may have cost us a top 4 place under RK).
5) Did I mention not getting in a front man who can score?