I agree with a lot of what you say and feel that he's past it but the barrowboy ego is not made for resignation, and I can't see jellyfish Krueger sacking him.
The Chairman he would install would make Cortese look like a Care Bear. I'd give it less than a fortnight before Ralph was found in the bogs at Limewood with a satsuma in his mouth, and Les lost control of his BMW whilst driving over the Itchen Bridge at 3am p*ssed. Bring it on!
Selling him was the right thing to do, not replacing him adequately was the wrong thing to do, and Reed deserves to take the flack for that in the post mortem regardless of his excuses.
Playing Russ Abbott's disco party classic 'Atmosphere' before kick off would be a start. In the past it's always forced me to immediately start shouting...