The cost of mismanagement...

... is usually irreversible.
Just ask Sir Alex and King Kenny. Both picked the wrong teams for major matches - Fergie for the Man City derby and Dalglish for the FA Cup Final. Despite the wealth of talent at his disposal, Fergie opted for the safety route instead, leaving dynamic and major players on the bench, and it's almost cost Man Utd dear; Dalglish couldn't see that Andy Carroll was actually trying his best and was beginning to produce results - his interview after the game surprised me, as he seemed to have a different air about him. Yet Dalglish left him out. Carroll is Liverpool's Drogba. He was growing into it. That decision cost Liverpool dear.
Both managers made changes, but far too late. They are supposed to be experts in the field, yet in the heat of battle, or in the preparation for battle, both got it wrong.

Fear.

I put it down to fear. Not in their initial thinking, but in the final analysis. They got their edit stage wrong. Love to have been a fly on the wall when the teams were picked: who was there; who said what; who influenced who.
You know, when you look at the English players available, why should we fear anyone in the Euro Championships in the summer? Our new manager might get it right, if he doesn't follow the crowd and believes that Spain have it sewn up. We beat them 1-0 recently. They couldn't score against us. Why should we fear anyone after that? We need Scholes, though...  just leave him alone, let him dictate the play. He'll sort it out. No fear, Roy Hodgson...