If they can come up with a plan, properly financed and which stands up to scrutiny, then let them stay in the league, knock off a few points and let them get on with it.
If not, then let them go under and perhaps a fan owned club can start up in Championship One. In a more practical stadium, in a sustainable manner. Probably part time.
For any club to go into administration every couple of years cannot be allowed. It is not good for the sport.
Bradford are not alone with their troubles, Sheffield are hanging on and Featherstone too appear to have HMRC on their backs. The game in Cumbria is in a mess. something needs to be sorted out. What do the RFL do all day?
Rugby League is a great game, I fear for its future.