The transfer policies of Wigan recently/currently ('youngish' talent with the hunger to prove themselves) and Portsmouth under Redknapp (athletic/big players with decent ability) would be pretty good ones to adopt, with the bonus being that if things work out, we'd be in a position to hold onto any gems we do uncover.
There's no reason why we couldn't adopt policies like those. Adopting an intelligent policy like those of the two examples given would probably see us land more Bassongs and Jonas' as opposed to the numerous slow, talentless, weak or expensive flops that we've filled the squad with.