As far as I know, no-one sensible has suggested that EZY are about to leave LPL.
I, too, have heard roughly the same story that Vuelo posted - that EZY are considering dividing the current LPL aircraft allocation between LPL and MAN.
If this is the case then the actual duration of the agreement with Peel Holdings becomes somewhat academic since EZY do not appear to be planning to abandon LPL at all.
It's not healthy for an airport to be over-dependent on a single airline, and it's heartening to see more operators starting to use LPL.
I don't think this heralds the End Of The World for LPL, or even anything remotely like it.