The bit that I take solace from is: we're not alone. I'd hazard a guess that all bar a couple of teams in this division are still needing players and are in the same position as us. If everyone else had 'complete' squads (if such a thing exists) and we hadn't then yes, that'd be a worry - but up...
If they perform well, i couldn't give a toss if they're a free or cost £5m. Plus with someone like McCourt, very few (if any) know if he's really that good or not - it's all assumption.
We don't sign a player: People complain
We look like signing a player: people complain they aren't good enough having not seen them play.
Can the club win?