Moshiri was crazy authorising £50m+ huge wages on those two; especially when he must have known Allardyce wasn't going to be the manager beyond the season, so there was every chance a new manager would want to reassess in any case. Loan to buy...sure. Outright purchases of both? Utterly negligent.
Walcott's not terrible, and when he came in he was one of our best players at the time. We just didn't need him. It was a signing with no thought of the future at all.