Jenny Yuen@SunReporterYuen
10:39 AM yesterday
Leiweke going to speak now, asks for "any good luck charms, we need them."
10:40 AM yesterday
"It's complicated, lots of parties involved," he tells the board. "As of today, we haven't been able to do that yet."
10:40 AM yesterday
Leiweke said they have been doing drawings to revamp the end zones for potential CFL at BMO. Needs $20M to do this.
10:40 AM yesterday
Leiweke said there is a "potential new ownership group" willing to foot $10M and manage the Argos team. Still negotiating.
10:40 AM yesterday
Negotiating a minimum number of Grey Cups to be played at BMO.
10:40 AM yesterday
"Our board has a focus to get this resolved in the near future," Leiweke said. If drawings aren't done and implemented in 10 days, no 2016.
10:41 AM yesterday
"I'm optimistic we will get this done, but we have 10 days or we're going to miss that window," Leiweke said.
10:42 AM yesterday
$20M would the required to expand field for CFL - $10M from MLSE and needs $10M from this mystery third party. "We have found a formula."
10:42 AM yesterday
That "formula" is hosting two Grey Cups, Leiweke said.
10:44 AM yesterday
Clr. Mark Grimes asks how phase 1 of BMO Reno is going. Leiweke said they expect 30,000 people for TFC home opener on May 10.
10:45 AM yesterday
October - "we need to be in the ground" for CFL if they expect to play in 2016, Grimes said.
by Craig Robertson 10:45 AM yesterday
10:53 AM yesterday
Leiweke's deputation over. Clr. Mike Layton said after the fact, he would like to see the Argos at #BMO, just from a fan perspective.
10:56 AM yesterday
"It's a good match," said Layton. "I don't claim to understand the politics that are going on behind closed doors btwn MLSE & purchasers."
11:48 AM yesterday
More from Clr Grimes in a bit...
11:52 AM yesterday
Grimes on why Argos at BMO Field is a good fit: "It's their home. I'd like to get them back...bring it back outdoors, which I love."
11:53 AM yesterday
Grimes said he feels the #CFL is looking for a solution as well. "I think they're very anxious in finding a solution," he said.
11:55 AM yesterday
If new owner(s) strike deal with MLSE to host two Grey Cup games at #BMO: "Having Grey Cup, what happens here...phenomenal for the city."
11:56 AM yesterday
Grimes: "I asked (Leiweke) to come down because time is ticking, I didn't know it was 10 days, but I was reading between the lines..."
11:56 AM yesterday
Grimes: "I think there's something coming up in the horizon and I'd love that be announced in the next 10 days."
11:58 AM yesterday
Funding: Grimes said EP put in its $10M for expansion, province $10M, the fed movie never came through, he said.
11:59 AM yesterday
Grimes said it's up to new owners to effectively, pull the trigger on the deal. Once that is sorted, the EP board will vote on it.
12:00 PM yesterday
Grimes: "I don't know who the new owners are, I can maybe guess, but I wouldn't mention it today. I think it's a pretty complicated deal."
12:01 PM yesterday
Grimes said Argos would play next year at Rogers Centre whilst they get this field ready, if new owners agree to deal.
12:02 PM yesterday
So, basically the 10 day deadline is so they can incorporate the end zone revamp for Phase 2 of construction instead of...
12:03 PM yesterday
...potentially costing much more if a deal is struck later. If they're doing construction now, might as well work these new plans in.
12:04 PM yesterday
What happens if the 10 day deadline passes? Is it demise of Argos? "That's very concerning. I will be exploring my options after." : Grimes.
12:05 PM yesterday
The city would directly deal with any potential new owners if deadline passes, Grimes said.