Stoneman89
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- Feb 8, 2008
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CFL 2024
- Thread starter MoontoScott
- Start date
brentashton
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- Jan 21, 2018
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MLSE is preoccupied with figuring out what happened in the NHL playoffs. Probably hasn’t yet registered that Kelly is suspended.
bellagiobob
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- Jul 27, 2006
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bone
5-14-6-1
Apparently the team is letting him practices with the rookies. Ouch.
bellagiobob
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Team has tried to make this a non issue right from the getgo. Carry on like nothing ever happened.
MoontoScott
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- Jun 2, 2012
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The priorities in football are very puzzling.
In the NFL---go out and get caught smoking some marijuana and its a minimum 4 game suspension and headline news on ESPN.
Beat up your girlfriend/wife or sexually harass someone and the line is "not our business, reconciliation, unfortunate, etc. etc."
MoontoScott
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Edmonton Elks suffer financial loss of almost $4M in 2023 - Edmonton | Globalnews.ca
2023 was another difficult season financially for the Edmonton Elks, who reported an operating loss of $3.9 million as the search for new owners continues.
globalnews.ca
Who would have ever believed that the CFO of the Elkimos would have to make the statement "we have enough working capital to finish the season."
This is just shocking for a franchise that once boasted ample funds and often stepped in to save other franchises from folding.
In reading this article it becomes clear that finding a private owner has gone from "possibly a good idea" to "absolutely necessary."
Earnings are just "soft numbers" in accounting (unlike cash flow) but there is no disguising multi-million dollar losses for multiple years. I said before that I thought the EE had the balance sheet to survive for 2 years but it now looks to me like its one and done if no owner is found.
joestevens29
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- Apr 30, 2009
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Edmonton Elks suffer financial loss of almost $4M in 2023 - Edmonton | Globalnews.ca
2023 was another difficult season financially for the Edmonton Elks, who reported an operating loss of $3.9 million as the search for new owners continues.
Who would have ever believed that the CFO of the Elkimos would have to make the statement "we have enough working capital to finish the season."
This is just shocking for a franchise that once boasted ample funds and often stepped in to save other franchises from folding.
In reading this article it becomes clear that finding a private owner has gone from "possibly a good idea" to "absolutely necessary."
Earnings are just "soft numbers" in accounting (unlike cash flow) but there is no disguising multi-million dollar losses for multiple years. I said before that I thought the EE had the balance sheet to survive for 2 years but it now looks to me like its one and done if no owner is found.
Have you seen the financial statements? I've been trying to find a link but have had no luck.
MoontoScott
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- Jun 2, 2012
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No I haven't. The statement by the CFO was a loss of 3.9M but I don't know how much cash is still on hand. If it was ample cash reserves then there would be no talk of making it thru the season.
3 years ago the stabilization fund was 13M. I don't know what it is but my guess is less than half of that earlier figure.
joestevens29
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- Apr 30, 2009
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Heavy Dee
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bellagiobob
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Wonder what’s in accounts payable, that’s a huge number.
Heavy Dee
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- May 29, 2005
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I can't think they carry much over season to season other than player contracts.
brentashton
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- Jan 21, 2018
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I guess everyone has their own definition of role models.
Arty Spooners Bsmnt
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- Apr 22, 2023
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I think last years came out on May 8 so they should be public soon.
https://www.flipsnack.com/C8CDDB66AED/2022-edmonton-elks-annual-report.html
bellagiobob
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- Jul 27, 2006
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timekeep
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- Apr 28, 2010
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Glad to see the most important position getting rewarded, at the least the top 15 in the league. But the RBs are pretty low, now I see why we don't that many good ones from the States.
bellagiobob
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bone
5-14-6-1
joestevens29
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Shawn Lemon at Alouettes training camp despite sports gambling suspension
Veteran defensive lineman Shawn Lemon is on the field at Montreal Alouettes training camp Tuesday despite facing a suspension for sports gambling.
So a guy that retired then gets suspended shows up to training camp? WTF
bone
5-14-6-1
This league is so confusing. Last week a guy is suspended until nearly Labour Day because of his off field conduct but shows up to training camp to take reps and mentor the rookies.Shawn Lemon at Alouettes training camp despite sports gambling suspension
Veteran defensive lineman Shawn Lemon is on the field at Montreal Alouettes training camp Tuesday despite facing a suspension for sports gambling.montreal.ctvnews.ca
So a guy that retired then gets suspended shows up to training camp? WTF
A week later a retired and player suspended indefinitely shows up to camp without a contract.
Is the ghost of OJ Simpson showing up to someones camp next week?
bellagiobob
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- Jul 27, 2006
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Rumor has it that Kelly and Lemon have been hired as stats consultants by the league. Expect things to be up and running by 2026.
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