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Volume 24 No. 117
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     Ottawa Rough Riders President Phil Kershaw announced
yesterday that he has been negotiating for "about two weeks" with
an out-of-town investor to buy the team from Bruce Firestone.
Kershaw who currently does not own a piece of the team, is likely
to acquire a minority stake if the team is sold to this investor
(Don Campbell, OTTAWA CITIZEN, 1/13).   THE L.A. POSSE?
Businessman Phil Johnson is "100 percent certain" that he is on
the verge of becoming the first black owner in the history of pro
football.  Johnson is leading a group that has agreed to terms to
acquire and operate the Posse and move the team to L.A.  According
to Johnson, it is just a matter of the CFL Board of Governors
approving the sale (Marty York, Toronto GLOBE & MAIL, 1/13).
     BIRMINGHAM:  The CFL confirmed that it has received a formal
application for an expansion franchise to be based in Birmingham
from retired insurance exec Arthur Williams.  Williams has named
Larry Lemak, a local orthopedic surgeon, president and part owner
of the potential franchise (CFL).