I'm a bit naive with all this so apologies if this is a stupid question, but what motivation does Mr Lai have for letting the club get to the point it is currently at?
Surely for him to get some return on his investment, he needs the team to win games. Why does he not see what we all see?
Lai gets a lot of stick, but I don't think he has done a lot wrong over the years. That is not to say decisions have worked out well, but I can see why he (or his men) have made many decisions at the point he has made them. It is not as easy as just try harder. If it was, every club could be progressing but the nature of a league dictates that for some clubs to progress, some must regress.
It may be that Lai thinks he has tried switching and swapping managers and that hasn't worked, so he is just going to let this play out a little longer and have faith in a process.
When things are going badly, he is a very easy target.