I think those who are the most disappointed are those who swallowed the hype about Pep, which is their own fault. You can probably spot them in the "where will we finish" type threads before the season started.
Nothing wrong with having high hopes but, for some, that has turned to expectation. No-one, not even the mythical being the media created was ever going to turn last season's team into Champions with a transfer policy, quite rightly in my opinion, that has focused on the long-term. Only time will tell us if it pays off.
But, like any investment strategy, it is a gamble. If it pays off it will set us years in advance of other clubs. If it doesn't, we change plans because, over the last few years, our owners and managers have created the platform from which we can do that. Something not many clubs have.
Risk-takers will love it. The more cautious will be permanently anxious.