Look you really dont need much to be viable... any club has the ability to cut spending hard to survive... OK they will sacrifice some competitveness for the duration, but so what? Every club would rather survive than match the Broncos for spending, and it doesent mean that that cant change as fortunes change, and it doesent mean that you cant spend more cleverly and get good results...
This idea that sydney clubs folding is a fait accompli is just stupidity, even if there was total ambivalence from the NRL to clubs folding (which there would NEVER be) there are ways to survive on low crowds and less money.
For a club to fold requires alot of things to go really wrong...the first being the clubs finances being totally mismanaged into serious debt. You honestly dont need much to be "viable", as long as you are half way decently managed.
"Competitive" is something else entirely. That DOES require a fair bit of cash, but we could happily survive with all our Sydney clubs, even if we had a few more Cronullas
but this leads into a death spiral.
club isn't competitive, no-one goes to watch, no one wants to sponsor the club, the clubs cuts more costs because their income falls even more, less competitive, less go to watch etc etc etc
and who wants a whole bunch of uncompetitive scrubbers. the EPL is great for the supporters of the big 4, f**ked for everyone else. they have no hope of winning anything.
compare that to the NFL, very competitive and engineered to be so. Massive crowds, huge TV, massive revenue.
The knock on the NBA is that it favours the big market teams, and "superstar" calls. thus crowds and TV are not massive and the perception in the smaller markets is that the NBA only really cares for Lakers, Boston, NY, Chicago or superstars who continually get terrible and occasionally bordering of game fixing calls.
the NRL, (or whatever they call it next) needs to try and follow that NFL model where the fans have some expectation that they'll be competitive, if not now, reasonably quickly. which the NRL has done well to date. BUT If you remove the hope, you'll remove the interest. Sydney is a notoriously tough market with lots of fairweather fans. it would be folly to have a set of teams that had no hope. Who'd watch. not me, that's for sure and i wouldn't be robsinson crusoe.