I think you need to figure out the passing speculation from the strong facts.
facts that have been put out and are pretty secure:
South harbour jv broke apart, souths are now part of the Rams JV
North harbour is working together well
Randwick will bid with their partnership with UNSW, with input from easts.
Uni are bidding in their jv with balmain and warren livingstone.
west is 5 clubs including eastwood, parra, wests, penrith and southern
lack of monetary involvement doesn't seem to hinder participation, because every club knows they need to contribute to this for the good of rugby.
conclusion: 4 teams in sydney, randwick and uni stand alone, Western team is called the Greater Sydney Rams, The northern consortium are figuring out things well.
Based on the facts rather than pure ideals now since we are getting to the due date.