Because our recruitment team wasn't very good this season, and so missed out on the likes of Bamford and Vidra (although the latter was always going to be a tough one given Watford's links). The seasons when we had the likes of Bridge and Upson, we had a chap called Ulloa, so probably weren't...
Quality of loan players we've had? We nearly got promoted with Bridge, Upson and Ward. Tex would have been even better playing in a better team. We don't have to raise our wages as we'd only be paying a proportion of the player's wages.
So in the unlikely event of us replacing him with Jose Mourinho in the summer presumably you'd be worried that Mourinho had only ever won anything with better players than we've got now .......