My thoughts on all of this:
The FFA cannot allow cut the Phoenix or a merger and expect the League to function. They are fudgeing crazy if they think that they will find 3 new licensees in 3 new, untapped markets with enough funds to sustain themselves. As it stands I do not believe the FFA have full faith in any of the current expansion bids that are on the table and I cannot personally see them cutting the Phoenix, who are one of only two current clubs in the league that have never required a financial bail out from the FFA to stay afloat.
In my opinion, the whole metric thing is all about the FFA keeping their options open on the off chance a miracle does happen and they find more than two parties interested in investing into a league that is hardly hitting the metrics imposed on us across the entire league.
So I have full confidence in Welnix to keep fighting the good fight. My only concern is that we are still under the governance of the FFA and the sooner we have an independant body running the league as per the Crawford Report and FIFA the better.