Been my thoughts for a while now too, mainly because it gives a sort of rogue's compromise. They could effectively get away with the lightest punishment we've been speculating about, but next year rather than this. Much as I'd like to think the no to newco protest would be as loud, I doubt there'd be the same vocal outrage a year from now when it's not so fresh in people's minds.
Either way, it just seems unrealistic even for the SPL that the newco could be ushered in in time for the season to kick off.