I've been following this sport for 40-odd years, I've seen several clubs go bust, and it's always sad.
It's also, always the club's fault ("the club" in this case meaning the senior management).
The RFU are contractually obliged not to do anything if a club is struggling. To do so would mean breaking their contract with all the other clubs, and they'd get sued into oblivion; so that's a non-starter. Until recently, their oversight of potential new owners was to essentially rubber-stamp a lack of conflict of interests (so one person / group not owning multiple clubs, and being told that they have some money [with no powers to check or enforce the latter]). I believe those powers have been bumped up as a result of the fallout from Wasps/Wuss - and now we're complaining that they're using those powers. It's almost like they can't win.
I fully understand, and accept the need to vent; but I always prefer constructive to destructive. There's little to be gained by saying "something must be done" in an absence of things that can be done, or acknowledgement of what can't be done.
IMO the RFU f***ed up in 1996 when the game turned professional, and they sat back and watched, whilst the clubs sold themselves to millionaire owners and demanded an absence of oversight. That's a rant that's well worth having, but the genie is out of the bottle now, and we have to work from where we are.
Rant away, feel free to vent - I certainly have, for Bath when it was suggested we merge with Bristol under Malcolm Pierce, and when Brownsword sold to Craig (and when Criag went and brought in unethical-but-legal business practices), and when Mike Ford was appointed as coach, and again as HC. But acknowledge who's hands it's in, who can do what to prevent anything, and I try not to blame those who aren't responsible.
"Something must be done" - okay, but please expand on what should be done.
"That person there should do something" - I'll continuie to ask why that person, and what that person is capable of doing.