The B.C. Lions are actively seeking new ownership.
Current president Rick LeLacheur has been tasked with finding a potential buyer for the franchise.
“At the beginning of the year, around January, David Braley and I had a great conversation and concluded that he was ready to sell the team. He loves the CFL, he loves the Lions. He’s been a great owner. I don’t think there’d be a CFL today if it wasn’t for David Braley,” LeLacheur said on TSN radio in Vancouver.
“He charged me with trying to find a new buyer. Rightly or wrongly, I deal under the radar. I just don’t believe that you do a business deal in public or through the media. I’ve talked to a lot of different individuals, groups.”
The 78-year-old Braley bought the Lions in 1996 and stood behind the franchise through the ups and downs. B.C. is currently 1-8 last place in the CFL under general manager Ed Hervey and rookie head coach DeVone Claybrooks.
“The sooner the better. It’s probably difficult to do something during the year. Hopefully the off-season, but I can’t guarantee a date,” LeLacheur said with regards to a possible timeline on a deal.
CFL commissioner Randy Ambrosie has been included in the process. Braley wants the new owners to be able to carry on the team for many years to come.