I disagree with the "honourable" idea of walking and not playing out the licence. I know it is tough to play on, but it is also the right thing to do.
Otherwise the story will be interpreted to their (FFA) liking. I can already hear Bozza and others nodding in agreement as Damian de Bohun says: "Welnix suddenly handed in the licence, maybe they had troubles, whatever, it was their decision, we had no choice but to quickly assemble a back-up team from Cronulla; we will of course now have to prop this new lot up as there are no supporters yet but that's what we have to do as the bloody Nix decided to pull the plug on us, and we were so generous with our 4-year extension offer".