SkStu, you'd know as well as anyone how it works in other countries, and here it's the same. Clubs come and go, reform and there's nothing about it. I think we all look at the LOI too closely and get too caught up in it all, but when you look at it like a business it just is how the game works - companies come and go, some stay longer, some have to be overhauled, some let go and others just muddle their way through. In sports, especially in Ireland and the UK, we see club mergers as an anathema, yet it is normal business practice and clubs do it all the time in Europe. He's working in the KHL which runs like the NHL, WHL, OHL and so on, so it's more based on a business plan and survival of the fittest. I remember when I was living in Canada and a news report on TSN about how the Argo's were going to go bust and where I lived the Senators removed their farm team because they had a better offer from another city. You know, at the end of it I simply told him, without the fans, clubs are nothing - it's something people here won't get as it's a different culture.
Dodge, in 2000 I gave up trying to figure out the LOI when I handed my own club a golden ticket only for the then incumbent to say "we've a different plan", which was to run the club into the ground. And in 2004 I was coaxed into looking at Shels, only to see the horror show unfolding and politely declined. But for some reason, which maybe you feel, the league is a drug and no matter what it's something to fight for and enjoy. Otherwise we'd have all given up long ago. So no matter if I stay or go, clubs and "fans" will still do their utmost to make it fun.