Montreal Alouettes minority partner Gary Stern said that team is “seeking investment from French-Canadian partners" in a process “without limits on how much of the club’s ownership could land in new hands,” according to Dave Naylor of TSN.ca. Stern: “I’m looking for French-Canadian partners connected in the community who have a better feeling for the vibe, and we think that’s important. Whether it’s 10 per cent or 90 per cent, we are wide open to talk.” Stern and his late father-in-law, Sid Spiegel, purchased the Alouettes in January of 2020. Spiegel died just weeks before the start of the 2021 season, putting “three quarters of the franchise’s ownership into the hands of his estate.” Stern retains a 25% share. Stern: “I do love the Montreal Alouettes and I have put three years into this, so my intent is not to get out.” Naylor noted Stern “stayed active" in steering the club and serving on the CFL BOG until late August of 2022 when he announced he would be “taking on a silent role, leaving the Alouettes oversight to the estate.” Stern said that “remains the model of operation” (TSN.ca, 12/22).
The Alouettes changed hands in 2020 when Gary Stern and his late father-in-law bought the team John E Sokolowski/USA TODAY Sports
