The Edmonton Elks rumour mill is a buzz right now as the team looks at the possibility of private ownership.
The community owned club has created a panel to conduct a review.
Sources say that it all boils down to the dollar and with the trust fund dwindling, they believe that the direction of private ownership could be the possible solution.
Citing struggles dating back to COVID, coupled with lower attendance, the team is opening up the discussions of a private owner.
Tom Richards, the Elks Board Chair, who also sits on the committee, spoke about it in a press conference.
There are reportedly four groups interested in owning Edmonton’s football club, but no word on who these groups are or how much the Edmonton Elks are worth.
