I don't necessarily disagree with this BUT every instance where administration occurs isn't the same.
As someone who cares about "fans", who do you think would ultimately suffer if a team was kicked out the league? The supporters may not for instance have been able to do anything to prevent AN Other, the corrupt business man from running up the huge wads of debt. And while administration would probably see off those ultimately responsible (accept in Motherwells case of course), your suggested actions would punish those left behind, ie. the fans AND anybody looking to come in and pick up the pieces (Luton Town being an example of this).
It's only in an ideal world that supporters and trusts have such power that they can prevent bad things happening to their club.
Please note I wouldn't even try to shoe horn Livingston into the above, it's more just a general comment.