Not only that but out of pure self interest, if North folds/relocates we are one step closer to the executioner ourselves. It is in our interest to have teams like North as it keeps the frothing masses at bay for us, it gives us an ally when dealing with the AFL (competitive balance fund or whatever it's called now as well as addressing other inequities like the salary cap, FA, draft/academies, fixture etc) and it gives us another Vic ally (once the interstate clubs hold a majority they will be pushing for any number of things to weaken the Vic clubs).
Careful what you wish for.