CP NewsAlert: Source: CFL reaches agreement to sell Montreal Alouettes
By The Canadian Press on March 9, 2023.
MONTREAL – The CFL has reached an agreement to sell the Montreal Alouettes, according to a source. The source spoke on the condition of anonymity as the CFL hasn’t announced the deal but will do so Friday at a news conference in Montreal. The move comes after the CFL reportedly entered into exclusive negotiations with Quebecor Inc. regarding ownership of the franchise. Quebecor Inc.’s president/chief executive officer is Pierre Karl Peladeau, a Montreal businessman who has a reported net worth of US$1.9 billion. It’s unclear if Quebecor or Peladeau will be the franchise owner. More coming. 7-6
