The JV is not working.
Steelers wish to be a single entity again, and Illawarra is large RL nursery.
St George region, however, is not. Nor is it anyway vital to the game. There's too many Sydney teams.
Times have changed, and so has the demographic. A large percentage don't give a f**k about RL, let alone the Dragons.
Enter the Central Coast. A region that is begging for an NRL team. Lots of juniors in such a broad area.
Retain the colours, jersey, and history.
You may not like it - but it makes perfect sense.