From another view on this, since Wallace's reign 04 - 07, here are the delistings & retirements and the year:-
Blumfield (04), Bowden (07), Campbell (05), Chaffey (06), Dragicevic (04), Fleming (04), Fletcher (04), Gaspar (07), Graham (05), Hall (07), Hartigan (07), Hilton (05), Houlihan (04), Humm (06), Kellaway (06), Kellaway (04), Kingsley (04), Knobel (07), Krakouer (07), Marsh (04), Morrison (05), Nicholls (04), Roach (06), Rodan (06), Rogers (04), Stafford (06), Weller (04) and Zantuck (04)
Which makes a team something like this:-
B A Kellaway, Gaspar, D Kellaway
HB P Bowden, Hall, Chaffey
C Dragicevic, Fleming, Blumfield
HF Hilton, Morrison, Houlihan
F Krakouer, Stafford, Kingsley
F Knobel, Campbell, Rodan,
I/C Roach, Rogers, Graham, Hartigan
And those souls who couldn't even cut the mustard in this team... :
Fletcher, Humm, Marsh, Nicholls, Weller and Zantuck
So when TW says the list he inherited was a train wreck, he was being kind and I think we have come a long way since then with solid list management and investment in youth.