Ian is totally right - You just cant plan the entire season on Calcio Mercato. There are too many hidden parameters on the course of season - injuries, loss of form, and luck . Uncertainties comes because you just simply cannot control every aspects of life. However, good management is the one that hedges the risks and find ways to run smootherly. That is where I do not think we have done well this year. It is one thing too have couple of players to regain form, and other if you rely on a host of players to improve and that is what Moggi is exactly doing.
And don't tell me that Moggi's option is limited because of our financial constraint. The very reason why we made a loss last year is precisely due to our lack of envolvement in CL - had we went further in the tournament there would have been increase in revenues through gates, TV, and prize money. Do people realize how much money we would loose if we dont make CL this year? There is a fine line with spending thriftly and being damn right stingy - and Moggi is in line with the latter. Investment is all about gaining value for money and marginal improvement an additional signing would make. Real is being too lavish because they do not spend the money where it is most needed hence diminishing marginal returns (*Owen*), whereas Juve in contrast dont spend at all and if we do on people who makes absolutely no contribution.
Relying on making the CL semi's and finals to keep on the winning cycle a la Real model is too risky IMO, but surely it is better than spending nothing at all and putting the club in a bad cycle: Poor performace - Lower revenue - Less investment - Even worse performance - and so forth.
While I appreciate what Moggi has done over the years, the man has grown so full of himself now that it would be better for the team if he just left. Buying bargains is one thing but consistently refusing to follow conventional wisdom and trying to make Legro, Appiah, Zebina, Kapo, et al next Paolo Monteros, Zizous, Inzaghis to make himself look good is detrimental to the team. I have nothing against these players individually, as matter of fact, I endorsed these deals however as a group they do not make good investment policy. While I think it is too late to grab a CB that we should have got, Moggi must sign solid proven players and a world class CB and attacker even at a cost. And looking around the world as a source of talent should be pursued. I am certain that there would soon be many talented players in Africa and Asia. There is South America (A market Moggi has never really ventured into) to look into. Tevez is proven , young, immensely TALENTED and will cost a lot. And these are signings we need to make.