Originally Posted by
Pico
The show cause notice is not an extension it's the final step, first they have to set the benchmarks, 31st deadline, then they need to issue the legal show cause for failing to hit the deadline, he's has a right of reply, then they can hit him with the list of material breaches of the salary cap and elect to withdraw the license as per the participation agreement.
People need to lay off the hysteria and realise the FFA is going about things in due process to ensure once they take the license thinks won't be able to do shit, he'll still have the company debts and the FFA can sell/award the license to a new ownership group debt free.