CFL Has Had Their $30M Federal Government Loan Request Denied

August 17, 2020

Less than a minute

Source: The Canadian Press, cbc.ca, August 17, 2020

League’s board of governors will meet today to determine fate of 2020 season

The CFL’s board of governors will meet Monday to determine the fate of the 2020 season after the league was unable to secure financial assistance from the federal government.

The CFL presented Ottawa with a $30-million, interest-free loan request Aug. 3 to stage an abbreviated 2020 season during the COVID-19 pandemic. But two sources familiar with the situation said Sunday night the plan fell through when the assistance couldn’t be provided to the league under the terms it sought.

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