Our owners haven't taken us as far as they can. We haven't stagnated for 10 years or so.
Off the top of my head we have:
- Got promoted to the PL
- Won the PL
- Progressed to the QF of the Champions League
- Finished comfortably in the top half of one of the toughest leagues in Europe for the last three seasons
- Won the FA Cup
- Won the Charity Shield
We haven't run out of stem, the world has just come out of a crisis and Europe has stumbled into another. Could KP have predicted the global pandemic, of course not, but this has undoubtedly affected (short-term) their ability to invest.
We are NOT at the end of the road, merely a hump in one.