How many Premier League sides are packed with academy graduates? The simple fact is many won't make the grade. Others may be good enough for top flight football buy they've a hell of a job in their hands to displace a first team regular.
I'd say we're doing pretty well in this respect though. How many academy players have we given game time to in recent years?
Best academies in the world usually have a target of two academy players establishing themselves around the first team every season... and few of these teams play in the PL. So far the academy has been doing a good job, though I do believe it is possible to take yet another step. Pretty far from a five minute job though - most things you do to improve your academy won't be noticable for 10 years or so.