I find it hard to believe that Bulut was promised great riches to bring in players. We have been hard up for a long, long time and that is unlikely to ever change.
I suspect he was told there would be limited funding to bring in some better players - and I still believe that is true. It’s not easy, though, as we are finding.
For me, Bulut can see the direction of travel and is panicking, know full well his time in Britain could be over before it began if things don’t get better. I don’t think that reflects particularly well on him.