[2] During 2011–2013, Planet Ice went into administration, resulting in the Ryde Arena leasehold changing hands several times and a sublease for the building being created.
[3] An immediate and passionate community campaign was launched to save the rink, which coalesced in the creation of the Ryde Arena Trust Ltd (RAL).
In April 2015, The RAL was able to sign a 35-year lease for Ryde Arena with The Bank of New York Mellon, with an annual rent of £130,000 to be paid to AEW UK.
[5] It was later reported that the Ryde Arena Trust Ltd had been attempting to negotiate a decrease in rent on account of the profits lost and repair expenses incurred as a result of the November 2015 storms but, ultimately, owed £200,000 in back-rent.
On 23 October 2016, the Wightlink Raiders announced their withdrawal from the NIHL, writing, "We have been forced to make this sad decision as we cannot find enough ice time to continue functioning, and without games we cannot survive financially.