I completely agree with you. Txiki signed Mangala for £40million, or whatever the fuck it was we paid for him in the end, which is pound for pound our worst ever transfer (in my opinion) and also signed Wilfried Bony for £27million - so he's not without blame.
But I maintain that Txiki would never have overseen a window as consistently horrifying as the one that saw us 'push on' from a title win by signing Rodwell, Garcia, Maicon, Sinclair and Richard 'fucking' Wright!
Still makes me angry to think we handed Ferguson his perfect retirement by giving up on retaining the League and showing so little ambition that season.
Although you could argue, looking at the shambles that is the Rags since he left, that it was an inspired piece of strategic forward thinking!