Was this a strictly 80s/90s phenomenon? Can't think of one top flight European club that has one these days. I remember Dalglish at Liverpool, Gullit and Vialli at Chelsea, Lombardo at Palace and Hoddle at Swindon and Chelsea.*
Can anyone think of a high profile recent example? If not, why do you think they've died the death? Top clubs going for older, more experienced managers?
*And Peter Reid!