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It only sets a precedent if you want it to. You can’t compare the Toronto and Bradford situations unless you’re just anti Toronto.
Say Toronto were relegated who do you promote in any fair way?
London as the last team to get relegated imo.
SL needs to decide, presuming this new owner stacks up, if they want toronto in SL long term. If it does then get behind them to make them as successful as possible.
central funding
Agreed fixture schedule that best suits wolfpack situation
Salary cap concessions for signing any player from nth America that hasn’t played RL before for First 3 years of that players career (encouraging wolfpack to scout union and college football players)
Removal of travel cost burden
of course this would cost SL and it’s clubs so you’d want to be very very sure of both viability and long term benefit to the game.