Actually, while I don't read it fluently, I see the characters for 'three round match' from the previous strip repeated, without any apparent negatives. And I think the final sound effect is the ring bell, so it's probably just the start of the second round, with Meiling convincing Flan to let her take over.
If you mean Yuuka, I think she looks kinda proud or pleased...maybe that Sanae didn't take the easy way out and just take the cheap win. Or perhaps she's intimidating the commentators into not speaking out about it. :)
How the heck do you say that with what she's wearing..
Then, before that, we should first...It's okay, young mistress.A Pre-Match CourtesyWe will start the second bout!It'll be a no time limit, three-bout match!All right, then,Sorry, Meiling.I'll go in next, okay?...'kay.Ehhh?Episode 409: A win is a win. A bow is a bow.From the artist's Pixiv page.
Alternately, the second line could be, "Gratitude is gratitude."thank her properly.*Bell ringing*...for your kindness.Thank you very much...Oh, no, it was only proper.Now, the gong has rung for the beginning of the second bout!!