With respect, the board also only gave him a 1 year rolling contract. By definition, as a result LM only ever had limited security within his contract with OUFC.
If he was offered a 3.5 year deal, in a league higher with a bigger salary, but your existing employers only had enough faith to effectively give you a 12 month rolling contract from the outset - what would you do?
We can all be as emotional as we like but whether we like it or not, Grant and Tim did not protect the football club robustly enough with LM's contract. People won't like it, but that is the way of it and that is a contributing factor of why we are where we are. Hopefully lessons are learnt this time around.
FWIW, i don't think the situation is insurmountable. We are a very attractive job and i expect us to conduct a robust recruitment process and appoint a really exciting manager. One name that hasn't been mentioned but was to me by a friend just now - How about Ryan Mason? Young coach at Spurs who has acted as caretaker their already and is well thought of. It's not the worst shout i've heard.