Where it went wrong?
Ive thought about this a fair bit since the OP set that part of the question and the only fixed point i can set is when Houston left the building. Ever since then i had concerns that after something of a shift before then, i became very suspicious of who was actually in charge of the recruitment. Fast forward to RN coming in before the regime change from ST to MO/TA, while i believe that RN initially provided a list of targets that eventually completed the task of gaining promotion, as soon as TA had his system in place, recruitment was the least of the Head Coaches concerns. Yes there has been some success stories, but there are also quite a few questions to be asked regarding how success turned to disaster in some cases. Im looking at Shankland to an extent, Edwards, Carson and so many more in that vein.
I still have huge question mark over the full story as to why RN left, followed by MM and TC only lasting a year, followed by JR, Foxy and JG. I think its about time for MO to come out and say if he had conversations with MM and TC as they walked out the door, tell us if they voiced their concerns about the direction the club was heading in, and if they did, why it took until the fans laid it plain as Foxy was emptied!
What next?
Ensure all traces of Asghar and his cronies are emptied from the club.
Major Squad rebuild.
Whether the Ogrens feel they owe us and stay to be part of that or sell part or all of their share of the club, then whoever needs to dig into their cash reserves and support our return to the top. My fear on that though is that it may take a number of successful transfer windows to facilitate the number of players good enough to win promotion and have them consolidate our top flight place!
Strong possibility we will need to take some medicine on our Academy set up short term to allow money to be spent elsewhere.