The Edmonton Elks announced on Thursday the formation of a special committee to conduct and review the ownership structure. The Elks have been a community-owned team since 1949.
The Board of Directors created a five-person special committee late last month. They consist of current Board members Tom Richards, Brent Hesje, and Darryl Boessenkool.
They are joined by Board members Diane Brickner, and Bruce Bentley, who serves as chair of the committee. Current Elks President and CEO Rick LeLacheur serves on the committee as a non-voting member.
“The Club’s financial struggles over the last several seasons can’t be overlooked. The impacts of the COVID pandemic, football operations decisions, and subsequent struggles on the field have all contributed to a difficult financial situation,” said LeLacheur.
“We’re confident in our ability to operate in 2024 thanks to our trust fund, strong season seat renewals, and the support of our sponsors and fans. We will, however, need new investment before the end of next season to ensure the Club is positioned to succeed for years to come.”
The committee will make recommendations to the Board, which will determine the best course of action for the Elks. A deadline for the committee has not been set. In 2024, the Elks will celebrate its 75th season.
“As the committee does its work, we’re preparing to provide winning and exciting football on the field, and an entertaining game day experience,” said LeLacheur. “We’re confident that 2024 will provide a great fan experience and fun for all.”
