My 5 penneth is this, SL IMO is talking like a politician defending their banker mates around about 2007/2008, 'it's not our fault gov', 'the public have to take some responsibility' blah, blah, blah.
Well done SL you've just realised football is an expensive hobby, but you did the hiring and firing of the people, who you then gave loadsamoney to, to waste on ridiculously high fees and even more ridiculously high wages and even more ridiculously long contracts to players who in the main, have had to be paid off by the club and then take a huge pay cut to actually get a game elsewhere, that should explain what has gone wrong at our club.