A pretty good read but a) it's predicated on a straw man - I'm yet to see any actual evidence on here or elsewhere of fans calling for Klopp to be sacked, or doing anything more than complaining that the same problems from previous managers haven't been fixed (something the OP themselves does when talking about squad strength); and b) it doesn't really tell us anything we don't already know. Some more senior players will be moved on at the end of the year - probably Sturridge, Sakho and Lucas for starters - and who we buy will depend on where we finish. If it's in the Champions League spots then FSG will probably spend big like they did in 2011 and 2014, if its in the Europa places it'll be less big and we'll be relying on the kids to come through.
I'd be interested in how this fits in with people's idea of Klopp though. A lot of fans have claimed since he came that his teams rely on promoting youth from below and so it would be natural that the club wouldn't spend hugely. If there's another summer where the transfer columns are in the black and Klopp claims he got the players he wanted, does the responsibility lie with him or FSG if things go wrong?
As for the history, I've been disappointed with missing out on players too, but I do think the failure of the board and scouts has been exaggerated a bit. Leeds (not to mention Valencia or Parma, both of which were European mainstays for a while) is enough of a cautionary tale to explain why previous owners were sometimes reluctant to splash out too much. With regard to FSG, most of the players in that list weren't for sale or they wanted to go somewhere with more money or Champions League football. How is it FSG's fault about Konoplyanka or Teixera for instance? Everyone misses out on players - Fergie and Wenger each have long lists of players they wanted but didn't get - and it's not like we haven't made big signings (ten £20m players since they arrived) or signed great players at the same time. It's just that we're competing against at least three teams with far bigger pockets than ours.
It's good that you've raised some discussion and I'm glad someone has because one of the strengths of the OP is that it doesn't fall into hyperbole about FSG but questions whether their strategic approach to running the business is a good fit to running our football club and irrespective of where you stand on that it's this question, it's that which is at the heart of the piece not the level of dissent about Juergen Klopp's tenure as manager, so the article is hardly predicated upon a 'straw man'. Only as a way of introduction does E2K look at a the 'madness' of a situation where sections of the fanbase, no matter how small, are questioning the suitability of a manager who is one of the best managers in the world and a brilliant fit for Liverpool. And it follows that the aim of the piece isn't really to predict what is going to happen in the close season but to question whether that approach will be the best thing for both Liverpool FC and ironically as a knock on effect FSG.
However you go on to the heart of what is being argued in the second half of your post. There is no denying that the history of football you can point to foolish attempts to use money to take the 'next step' and that has ended up with the well documented disasters such as Risdale at Leeds United but for every Real Madrid, Barcelona, Microsoft or Apple there are far more failures than successes, the principal should never be that a bold investment strategy is in it's self bad, or good for that matter; or conversely, that caution is inherently good or bad because that will always
depend on the concrete situation the football club or business is in.
I think that is what makes E2K's OP so good because he argues compellingly why, at the present, for Liverpool football Club despite having a world class manager, who believes in development rather than just buying superstars, that an over cautious approach to investment will make a hard job impossible. In fact he goes further and questions whether the aim of FSG really is to push onto the top tier of world football or to be happy with an investment that gives a good return because it was bought so cheaply and was so badly run.
I'd certainly argue it's possible for Liverpool to get back on our perch at the top of European elite while being run sensibly, with one of the worlds greatest managers who fits us like a glove but that would require the owners to make a conscious decision to do that and if they trust Klopp back him, with Spurs that would be a pipe dream but because of our historical fanbase etc we have that possibility whether we have the will is another matter but the oportunity won't be there for ever. That is the question we will see the answer to because no matter how much you develop players, no matter how great the managers football philosophy is, you can't do what we want if you only have quality within the first eleven because that handicaps the manger so much as to make his task impossible. That is the experience under Benitez, Rodgers and now Klopp, a few injuries to the first team squad effects us disproportionately to our rivals, who we also having to compete with at a disadvantage to start with. If Klopp who is indisputably one of the managerial greats fails, it's doubtful we'll get another manager of his quality and our window of opportunity will be gone. When things are so competitive standing still is not an option, you go forward or backwards.