My Wii will not turn on.

My Wii, when plugged in, will display a red light but after trying to turn it on (I've tried pressing the power button, eject button and inserting a disc) or leaving it for around 30 seconds, the light will shut back off. Unplugging the A/C Adapter and letting it sit for 10 minutes, then plugging it back in allows the red light to come back on. Any quicker than that, the light turns on for a fraction of a second and turns back off immediately. There is no blue disc drive flash when attempting to turn the console on and I have not yet taken the console apart. I have not used this console in close to a decade (it was working when I last used it) and I'm wondering if I should keep trying or if there is no hope.