The only reason we were losing £20mn per year on average was because of stupid deals and stupid pay offs that had to be cleared from the Accounts after each Financial Year.
Not at home at moment(or in UK) but at home I have a list of the major cock-ups over 15 years. The ones I can remember to give some indication of a badly-run Club are things like: - Reuben Rochina's real cost incl Agents etc; Leon Best fee and pay off; Kean's Contract; Etuhu/Murphy 5 year Contracts and pay offs; Henning Berg's 6 week odyssey and Court Case; the 5 Portugese players; the list goes on and I got it to £148mn.
The above is without Brereton, Rothwell, Lenihan and others(now Dolan,Travis, Tronstad) getting away because of poor direction and handling.
This list would go with a Rovers Prospectus to sell the Club, to show that good management, vision and direction could attract the supporters back and re-launch our Club up the Leagues (assuming League 1 is beckoning).