Football has changed dramatically since those days.
Div 1, 2, 3 and 4; no Academies; FA Cup played on a Saturday at 3pm - and the only MOTD; no bankrolling by TVs; FIFA was not corrupt (not yet, anyway); short lengths and boot styles; etc.
It's impossible to wind the clock back to days when money was not the be-all and end-all of professional football. Steve Davis can only deal in a market he can afford. One reason why the Academy is so important.
Players going nowhere at PL clubs (then 1st Div), such as Platt, Lennon and Savage, would today be out on loan.