I assume NP will attempt to move on senior pros like Konchesky, Whitbread, Wellens, Gallagher, Danns, St. Ledger and Beckford. Of these, the ones he'll struggle to shift will be those he recruited. Bolton appear likely to sign Beckford and I wouldn't be surprised to see him score plenty for them next season. Danns, St. Ledger and Konchesky will do a perfectly good job somewhere or other and they've all played effectively in the Championship this season. We may have to pay part of their contracts off to get them to accept lower terms elsewhere, but they'll have several potential suitors at our level.
I don't accept your point about FFP at all. Players will adjust their demands in order to get a decent club. Football is a crude supply and demand market place and there are too many players around for them to be able to hold out for the sort of money they've been used to. There are only so many places in so many squads up for grabs. I think there will be plenty of perfectly capable players around that will enable your average Championship manager make as many changes as they see fit. There will also be a surplus of loans available from the Premier League. FFP is no reason to sit on our hands.
Of course, whoever is in charge next season will need to effectively manage the nucleus of the existing squad. NP hasn't shown any special talent for this and I'd back any of a number of alternatives against him in terms of training, organisation, developing confidence and consistency, etc. NP is nothing special on the training ground, dug out or dressing room and someone better equipped could easily get more out of these players.
The person we should employ to manage the club next season should be the best person for the job. It'll be for the owners to decide if they can recruit somebody more capable than NP. If they can't, I see it more as a rather disappointing reflection of them than any ringing endorsement of NP.
If NP remains, he'll recruit another handful of 'half players' with some potential and some deficiencies. One or two of this season's regulars will get 5% better, one or two will get 5% worse. Were we to ditch NP instead and recruit someone new - and pick your preferred name and insert here - wouldn't things appear that much more interesting and potentially exciting? What could XXXX do with a Schlupp or a Wood. Could our players adapt to something a little more sophisticated than 4-4-2 every week? Might we work on a few set pieces (attack and defence) in training? And so on.
After almost 200 games and three failed attempts at promotion, I'm ready to roll the dice. We've only got to roll higher than a two.