Wonder what happens next - I wouldn't be shocked if SISU find a way of pushing JR1 further by something getting the Supreme Court to look again at this.
But assuming that's not the case, you wonder how this impacts on JR2. They put JR2 on hold while JR1 played out. Why? Well, we don't know for sure, butmy guess is they were hoping that JR1 would reveal details that they could then use to help them in JR2. That doesn't appear to have happened (though I may be wrong on that).
It's seemed for a while (since the announcement of the appeal of the initial High Court verdict) that the ongoing legal action is about saving face for SISU now. They have a choice as to whether or not they try and win JR2 to detract attention from the JR1 defeat, but IMO winning JR2 would seem a much taller order than JR1 which in itself never seemed likely to succeed (they seemed to be relying on either some procedural muck-up by the council or some kind of smoking gun that never materialised). It's impossible to say with much confidence but I do wonder whether to SISU the JR2 looks an even more unrealistic prospect now. It wouldn't be a shock if it was quietly abandoned, especially with Wasps making this a condition of beginning talks on a lease extension.
I always felt that Mark Labovitch was the guy who persuaded Joy to do the JR - I had a feeling TF wasn't behind it, so equally that may play against the chances of them continuing JR2. Either way, whatever your opinion on the whole saga I think we ought to agree that enough's enough. The Sky Blue Trust hit the nail on the head today....time for a fresh start, begin the reconciliation process, try and do a Ricoh lease deal that works, concentrate on building bridges in order to safeguard the academy future, put all this damaging talk of new stadiums etc behind us. It's time for peace.