Elks to Go Private?

[ModAdmin]

Interesting breaking news...

Eddie Steele
@Eddie_Steele97

"I'm led to believe that the sale of the @GoElks
 to a private owner is all but complete "

Exciting news, exciting times for the city and organization!!

[blue_gold_84]

[Jesse]

Just have to hope they'll be a consistent owner who invests in the club.

[Blue In BC]

That may be a good thing or a bad thing over time. The CFL has had a combination of both. The Lions new owner is an example of a good one that seems to be revitalizing the interest.

If there is a new private owner in Edmonton, maybe he can turn things around. Empty stands are no good for Edmonton or the CFL.

[TecnoGenius]

I think this is a good thing.  Who funds the massive deficit when the team is "community owned"?  The community?

However, I wonder how this plays out when it is a community team.  Is it as easy as the board just saying "well, let's sell it!"?  That's it?

A private owner zillionaire can do the "you need to spend money to make money" thing, like the BC guy is doing.