We were tracking around a point per game and had been (and more) for close to 2 years (good form or bad). Obviously Moyes is a better manager and once the owners were in it was the right decision to get the best manager possible. But then people claiming we were definitely going down were panicking way too much.
We weren’t going down no matter how much people wanted to catastrophes. Even if we’d stuck with Dyche and lost all 8 games making it 10 losses in a row (which never happened under Dyche at Everton) we’d still have more than a good chance of staying up.
Both things can be true. It was the right decision to go for Moyes once Friedkin took over, but we were also never going down.
The danger was giving Dyche far too long and then he'd mess up the Leicester game for instance. And also not win at Palace or Brighton. Then you're on 24/25 points and heading into a horrendous April run of games low on confidence and points.
The change was made arguably a few weeks later than it should've been as they were grounds for letting Dyche go after losing at Southampton as I'm sure
Moyes would've been up for it in November just as much as he was in January.
Edit: Ipswich had also just taken four points off Chelsea and Fulham when Dyche was sacked. What has basically relegated them is finding a way to lose at home to Southampton. Now they don't even believe they're going to draw games.