Considering the circumstances and how late in the day we are, not sure how anyone can be disappointed with one year.
It might not be beneficial long term, but it gives us another year to either negotiate for a longer term agreement, discuss potential new ground sites or sell to a new owner. However unlikely some of those are. Plus, we can watch Wasps suffer even further on and off the pitch, enhancing our bargaining position even further while still being at the Ricoh.
But most importantly we have another year in Coventry which allows MR to strengthen us further over the summer without the disaster of a ground share or potential explusion.