I don't see any 'disaster' there.
What I do see is people who want to spend £300 million hoping to compete with the top 4. Not gonna happen.
Premiership is simply spend spend spend, only winners are the players and their agents.
Play the squad you have, finish 19th, retain your place in the 'best league in the world' and take the money.
oh, and if you do buy, buy British