Edmonton Elks to introduce new owner at Thursday news conference

The Edmonton Elks will announce the name of the team's new owner on Thursday.

The Edmonton Elks will announce the name of the team's new owner on Thursday.

The team will hold a media conference at 11:30 a.m. to make the announcement.

CTV News Edmonton will livestream the news conference.

Earlier this week a CFL source said Larry Thompson, the former owner of Thompson Brothers Construction, is the new owner.

The team has not confirmed that reporting.

With the Elks being sold to a private owner, the CFL now has just two community-owned teams: the Saskatchewan Roughriders and the Winnipeg Blue Bombers.