There's two aspects of it:
#1) A heap of people are whinging CCM are picking up other youth instead of theirs.
This is unfounded. Any club should get the best players possible. If you can nick them off another club, all the better. I agree that in the event of even talent the local player should get priority - but the moment one player is even 1% better he deserves teh spot. That's why Griffiths has a deal and Nikas doesn't. Having seen your NYL side three times this year, I never once saw a super standout player aside from Ryan. Certainly nothing like Danning and Grant last year (who stood out just about every single game). To make the step up from NYL to HAL you don't just have to be good - you have to be great.
#2) The main reason you're signin so much youth is that you have f**k all cap to spend. Look at who you've lost:
*Macallister
*Elrich
*Boogard
*Huke
*Crowell
*Travis
*Nikas
*Heffernan
Of those, the only ones who would've been on close to decent money would be Heffernan, Elrich, Travis and Macallister (whose wage became McBreen's anyway). The rest leave you with peanuts. It leaves you in quite the pickle, because it was clear last year that you needed an injection of quality, yet compared to several other clubs in the league you have f**k all cap space to spend in the off-season.
Arnold's take on it is pretty simple - he has 7 or 8 spots left. HE can't fill them all with quality because he's restrained by the cap. So instead of swapping like-for-like he's dividing what he has left of the cap rather unevenly. Fill much of it with young, cheap signings (Amini, Gallagher, Warren, Sainsbury), which means that he can make a small number of bigger-money first team signings (Rose, the supposed #10 he's looking at overseas, and maybe one more?) . I'd say the only player you've signed on an 'average' wage would be Griffiths - who effectively replaces Boogard.
I don't think he's "doing his mate a favour", as it makes sense in the circumstances. If he was doing his mate a favour he'd be picking more sensible players - like U20 Captain Sam Munro (who has played for our NYL side for two years and dominates each week, but can't get a look in as we have so much depth at CM).
It leaves you f**ked for depth, but that's no different to last year and will take a while to solve. That said - it's far from perfect. Signing Gallagher and Warren is insane. It makes absolutely no sense at all. As things stand, your squad is very lop-sided, and it's hard to see that being fixed with 2 more signings.
Still, Arnold has freed up a lot of cash. Recent years have proven the big $$ can get some great talent (Ifill, Hernandez, etc), so that's what you should expect. That said, he could totally blow that money, and it could be hilarious. LOLARNOLD