He is clearly competent at getting deals done, regardless of the quality/price/net spend etc.
I think we all took the "we'll sign one, maybe two players a year" bit to mean just that, with replacements for outgoing players coming mainly from the youth system or reserves. In fact I'm 99% confident that's exactly what they intended too. I think there were even other quotes to the effect.
So obviously (hopefully?**) they've realized it's impossible to run that way and survive unless you have an Ajax/Barca/etc youth set-up already in place, which we clearly don't. Get that going next please.
** - one of the more annoying things about this regime is that any action is not necessarily indicative of a coherent plan or future results.