The europa would be a waste of everyones time i agree but it is still european competition.
Look if the teams that finish above us for the Champions league spend 100 million every summer then regular Europa is the next best thing. The whole ruins your season is just a myth as
Moyes proven that you can compete twice, just play your best youngsters with the odd bit of experience in there (hibbert for example) to see you throught the group stages.
Plus the competetion attacts better players to the club. Granted we arent competing with Chelsea for a 50 million pound player but between a newcastle tpye team who only have the league and Everton in europe competition then there will be only one winner. Not that we would compete transfer wise with them clubs but you get my drift.
I just think we should embrace the competition as its something to win, a chance for our under 21s to make a name for themselves and we can at least bring a little bit of glamour to our season once we reach the knockouts.
If nothing else, imagine a team of Green, Lundstrum, Hope, Mcaleny, Browning, Garbutt, Joel, Stones, Kennedy, Gueye, Vellios playing meedweek followed by the seniors winning on the sunday?
BTW i know i have just named 11 random names there but again you get my drift.