Canadian Football League commissioner Randy Ambrosie appears to have zeroed in on an owner for the Montreal Alouettes.
According to TSN reporter Dave Naylor: the Canadian Football League is hoping to sell the Montreal Alouettes to two former Montreal natives: Hollywood producer Peter Lenkov and his brother, Jeff, a California-based attorney.
The Alouettes have lost millions recently, according to CBC Radio Canada reporter Michel Chabot: $50 million since the Wetenhall family owned the team, including $25 million for three years. In 2018 alone, losses would have reached $12.5 million due to a revenue decline of approximately $6 million and an increase in expenditures of more than $6 million.
Bob and Andrew Wetenhall owned the team for a 22-year-span that included three Grey Cup championships, 10 first-place finishes and a record of 223 wins against 172 losses and one tie. Eleven Alouettes have been inducted into the Canadian Football Hall of Fame during their tenure, including Bob Wetenhall himself, as a builder, in 2015.
Wetenhall has owned the Alouettes since 1997 when he brought the team back from the brink of insolvency. He was responsible for the team’s successful relocation to Percival Molson Stadium and eventually expansion while overseeing the team’s run of dominance from 1999 to 2012.
The team has fallen on hard times in recent years, missing the playoffs for four straight seasons, the longest streak in franchise history. The Alouettes have struggled at the gate as well as fans have tired of the perpetual on-field ineptitude.
The Lenkovs are big names but do not currently reside in Montreal.