What would be interesting is to understand why he thinks that. Whether it's a lack of quality in the side, a lack of depth. Once you understand why you're not producing you can do something about it.
Of course it's quite possible he's saying all of those things, just not in public, but I really hope he's not portraying this kind of negative attitude to the players in private.
Obviously having money can make things much easier, but we clearly don't have that, so have to make up where we can instead.
To use the marginal gains stuff from British Cycling, can our coaches improve our players technically by a few percent? What about their fitness? Maybe tactically we can get better, or do better at producing young players good enough for the first team.
Those things tend to be operational rather than financial. If the back office people did the same, then we might generate a bit more cash to spend on new players as well.