couple of unknowns here (i know you're not thinking about it but in case others are):
1) if terrace view totally bombs it might not continue next season so you might not be able to 'renew'. this is a skip the queue for this season only. after this season, i don't think you're then given the opportunity to buy a regular season ticket
2) if these are away tickets from the hospitality 'pot' they MIGHT be treated differently and not go on your booking history the way others are