Scott Stinson: Four years after the last rescue attempt, the CFL owns the Alouettes again

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No longer do the successful franchises just have to share revenue with the Als, they must now also cover their losses

This is, of course, also what the league said less than four years ago, the last time it was forced to take control of the Alouettes when the owners didn’t want to own the money-losing franchise any longer.

The entire 2019 CFL season went by in this state, and at the Grey Cup that year in Calgary, Ambrosie insisted that progress toward a sale was being made, which is true if you count people dropping out of the bidding as progression of a sort. Spiegel and Stern were announced as the unlikely buyers a couple of months later. Stern had learned of the Alouettes’ availability at a Grey Cup party from his friend Dale Lastman, the chair of the CFL’s Board of Governors.

But it turned out that selling the Alouettes to a guy buying the team on a whim and bankrolled by his elderly father-in-law had its drawbacks. Spiegel died in the summer of 2021, meaning 75 per cent of the team was owned by his estate. In the interim, the CFL had cancelled a season and delayed another, and Ambrosie had, in an attempt to secure federal funding for the league during the pandemic, said its teams collectively lost $20-million the previous season.

 

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