I don't agree. There's plenty of clubs who've gone down and haven't bounced back 'soon enough'. And some of these clubs struggle to stay in the prem having managed to get back up. To even stand a chance of bouncing back, we'd need to replace Kinnear imo. Personally, given the current disarray among the playing staff and the management team, and the apparent parlous state of our finances, I think relegation would knock the club back for several years at least.
Agreed, although it wouldn't be a Leeds-esque demise I could certainly see us being in the Championship, if not worse for a fair while.