Double edged sword for me.
Plenty of blame lies with Fosun for being borderline negligent in supporting Hobbs & the recruitment team with their efforts to build a balanced, competitive squad. We have one player capable of playing left back - and he's more of a left wing back so doesn't fit with the system the manager wants to play. We sold Kilman weeks & weeks before the end of the window, but did not sign a replacement. This has, within 5 games, come back to bite us on the arse with Yerson getting a long term injury. It's not as if this kind of thing hasn't happened in the past! We're asking the manager to make use of the likes of Guedes & Matt Doherty. So Fosun - mainly Jeff Shi - take a nice healthy portion of the blame for why we're currently sat bottom of the table.
That said, an equal portion of the blame goes to Gary O'Neil. Because he's supposed to be a footballer manager, yet he has overseen a run of 1 win in the last 17 Premier League games. He has a squad packed full of international players - yet he doesn't seem capable of managing them to the required standard. No one is making him play Lemina in a weird hybrid role which he's clearly not comfortable playing. No one is making him bring Doc & Hwang on ahead of other players. No one is making him set the midfield up really oddly. No one is making him persist with Bellegarde - who's a bit shit, when there are better alternatives. And no one is preventing him from getting better at making in game tactical decisions and reacting quicker/better to opposition managers tweaking their own tactics or formations. He's also starting to make a worrying amount of stupid comments & excuses in his press conferences/post match interviews etc. Once his likeability factor drops off, I'm not sure there are many redeeming factors left.
So I guess there's a bit of a sliding scale of blame going on with our fans at the moment - and it very much depends on where you sit i.e. is the blame with Fosun or Gaz - to which side of the argument you take. This forum seems a bit out of kilt compared to the other areas of the internet where Wolves fans hang out, in that we are mainly all in agreement that both Fosun AND Gaz need to get in the sea at this point.