Sad to say but that is the eventual outcome we all believed would happen. Peel only got involved with Sheffield for two reasons: (1) Sheffield was a major objector to Finningley being developed into a civil airport, and (2) the development land which is available. Number (1) conveniently removed an objector from the DSA list and (2) was a bonus for brownfield development.
It did not really need a report to state the obvious. Losses as noted in the report could never be sustained, especially when the land is so valuable for other uses!!! With Finningley nearby, Sheffield Airport doesn't make sense to airline operators in today's business world and keeping it open for GA is not going to make it anymore viable.
We can now see where the similarities lie with regards to Barton and its uncertain future. No doubt York will be invited to prepare a similar report on that airfield. Looks like we shall end up with a mini heliport at both places.