The bears had every opportunity to be one of the 14 but they weren't financially viable and firstly merged then folded. Souths also showed that 14 wasn't a legally binding number and got back in. Norths also had this avenue available to them but didn't pursue it because they weren't financially viable.
Sorry that is just not accurate.
The Bears were in administration at the time, largely because the NS Leagues club was having argument with the football cluv and wouldn't tip in the extra funding. Since the administrator was a temporart measure and nothing explicitly stating this as excluding the club from the admission criteria, the Leagues club was just attempting to get the football club more pliable to their demands. Not a matter of being viable at all. As it is the NRL saw an easy out as it meant thet didn't have to punt Penrith. If the Leagues club had known this would happen they probably would have tipped in the cash.
The administrator forced the merger with the Eagles. The football club had no say in the matter.
1999 was a simply horrible year for the Bears. The stadium got delayed and they were homeless for most of the season.
When the bears came out of administration they were a merged entity against their will. Both the Leagues and football club tried their best to bury the JV and Manly, and almost succeeded.
For a bit if hindsight the Dragons, Knights and Titans would have all found themselves in similar situations this decade if the NRL didn't step in and assume control of those clubs. The Warriors went to the wall in a far worse manner about 11 months after the Bears. The Bears just had terrible timing.
Their ship has definitely sailed and I don't think they should be back in the comp but please learn a bit about the situation.