Probably a controversial view but why should other people care? If any business is badly run, they go bankrupt and have to close up. Same applies to football clubs since they are run like businesses these days.
No doubt it is a shame for those fans who have followed the club for a long time and those families who may have watched for generations but a business can't run on nostalgia.
Similarly where a historic club may die out, there is then space for other clubs to create a story for themselves and become established.