I would like Slaviša Jokanović (Fulhams manager),he salvaged a poor situation at Watford, galvanised a fractured squad, done a similiar job with more time at Fulham.
The players are at fault, the manager is at fault and the board/backroom are at fault. We are pretty fucked unless we change club culture quite dramatically, but how often does that happen? You would need someone of Mc Nallys ilk to do such a turn around. Step 1 would be the manager, which you have to do NOW. Couple of defensive/grafter signings in Jan window, use jan to end of season to get a coherent direction for the club, using a director of football if need (maybe Hodgson?). we need to move away from constant changes and adopt the southampton model asap. This should then be applied in the close season, get out anyone (and i mean anyone) who doesnt fit this vision and start again, even if its means a year or so in this division.