Ambrosie says he has received assurances from Alouettes majority ownership about club
TORONTO — Commissioner Randy Ambrosie says he has received assurances from the Montreal Alouettes majority ownership that nothing has changed with the CFL club.
Minority owner Gary Stern created a huge stir Monday when he announced he was stepping away from the franchise’s day-to-day operations and surrendering his spot on the CFL’s board of governors.
Stern and partner/father-in-law Sid Spiegel purchased the Alouettes from the CFL in January, 2020, with Spiegel taking a 75 per cent ownership stake. Spiegel died in July 2021 but his estate controls the majority ownership of the Montreal club.
Stern also stated Monday he was keeping his 25 per cent stake in the franchise.