Think Ellis definetely had a lot of influence behind the scenes, maybe too much. Reid was in his first managerial job and also still playing so needed some kind of guidance, not sure Ellis had the credentials for that role at the top level. To give credit, Id imagine Ellis was involved in the signing of Andy Hill from his old club Bury and he was one of Reid's few decent signings.
At this time teams were still mainly made up of players from the British Isles but clubs were looking to Europe for signings hoping to find a gem, some clubs did, we ended up with the likes of Ingebrigsten (apart from hat trick in a cup game did nothing else) and Groenendijk (did anyone ever see him open a can of peas with his left foot?). We still had decent youth coming through in the likes of Hughes, Sheron, Flitcroft, Edghill and Lomas but dried up after them.