A Sydney club folding or merging has nothing to with the CC. Firstly, the Central Coast is not Sydney. Secondly, they already have the community support, membership numbers, sponsors and everything else they need to be the strongest bid out their at the moment.
Recently the NRL wisely said that when it comes to expansion, they weren't doing a strategy of covering the map with clubs. Or in other words they won't just put teams in random places where people think there should be a team. It's about having strong bids in the right places.
The Bears have a strong bid and there is room for a team on the Central Coast. That's all they need. Unless something out of the blue happens to derail them, the Bears will be the next team in the league, in 2013.