A transfer budget of 35 million in a summer when you can't offer CL football is not strong backing. It is a decent backing, compared to the times when we were owned by the cowboys.
I think having over 100M to sign 7 players to add to Lucas, Agger, Skrtel, Gerrard, Kuyt, Maxi, Johnson, Reina, etc is more than decent. we have done very poorly in the league but at least we have something to hang onto. We will not be able to generate as much to spend next summer at least not enough to fix the mistakes from the last window and the problems we already had.
We'll have to be very clever in the window and it'll be even harder due to the reputation we have created for ourselves