That's kind of a separate discussion - are the owners making best use of the money they put in? The answer depends on whether you think survival or the play-offs are the goal. I think the club (from owner to manager) point at wherever we end up every season and declare "see? Mission accomplished!"
I don't think anyone has suggested a Championship club our size can survive without heavy owner investment - that goes with the territory. TH accepted that. But do these new owners accept that?
We have cut our budget this season - from a high that was partly caused by Covid, but also partly caused by a wacky player and manager recruitment policy - and it looks like the cuts are continuing this summer.
We didn't do very well with what we already had - just 7 home wins and 20 home goals, just 25 away goals scored, most failures-to-score in the division, no goalscorer making double figures, fewer league points than the Frankie season - so having even less of it next season surely only points one way?
Does that point towards the players Lowe inherited on long term contracts (18 months+) who have not been performing and him having to slowly move them along whilst trying to keep a happy camp.
DJ and Browne as an example with the long term contracts have not translated that onto the pitch.
Like you say the wacky recruitment policy has cost us and might take a few windows to sort out.