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Larry Thompson acquires community-owned Edmonton Elks CFL team, addressing $3.3M deficit.
Larry Thompson, former owner of Thompson Brothers Construction, reportedly acquires Edmonton Elks Canadian Football League (CFL) team, taking over from a community-run ownership structure.
The Elks, which have been community-owned since 1949, faced financial challenges that led to a $3.3 million deficit in 2022.
The team sought private investment to stabilize its future and has been looking for potential private owners, with Thompson becoming the new owner.
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Larry Thompson adquiere el equipo de la comunidad Edmonton Elks CFL, abordando el déficit de $3,3M.