I take your point. I was referring to that moment in time - those few seasons - where we had a real chance to solidify a true European presence. Mismanagement is one of several reasons why this didn't happen. The wind was certainly knocked out of our sails - enough for Steven and Stevens to jump ship to Rangers (of all places) because of what can only be described as 'desperation' to play in the EC.
The squad was depleted somewhat, but not decimated.
Sadly, the damage had been done and I think we're only now recovering. I reckon we'd have recovered sooner had the board backed both Kendal (v2) when he wanted Dion Dublin and Joe Royle when he wanted Flo.
This is another argument though mate