CFL takes over ownership of Montreal Alouettes franchise

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CFL takes over ownership of Montreal Alouettes franchise
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The CFL said in a statement that former Alouettes president Mario Cecchini will lead the franchise’s day-to-day operations under supervision from the league office

The CFL made the announcement Tuesday, adding former Alouettes president Mario Cecchini has been appointed interim president.

This marks the second time in roughly four years that the CFL has taken over operating the Alouettes. It did so May 31, 2019 from Robert and Andrew Wetenhall. The CFL says it has “initiated an accelerated and formal sales process, which is being led by its investment banking partner, Park Lane, a leading sports-focused advisory firm whose clients include major league sports properties around the world.”

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