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Report: CFL Denied Interest-Free Loan For 2021 Season

In a report by Dan Ralph of The Canadian Press. The CFL, once again, will not be getting an interest-free loan from the Canadian government. The two sides have been talking since last August after the Canadian Football League closed the door to their 2020 season.

“A source familiar with the discussions said there also will not be an interest-free loan this year.”

Ralph also talks about if an interest free loan was really even on the table.

“The source added the CFL-Ottawa talks have been more about educating the league with not only existing federal assistance programs but also those that have been offered since August.”

This doesn’t mean the CFL has not gotten any money in 2021.

“It’s unclear, though, what — if any — subsidies the league has received so far in 2021.”

This decision should not impact the ongoing talks between the XFL and CFL. It does impact whether the CFL will be able to play a season in 2021. According to Rod Pederson on his show today. Sources are telling him it is 60 / 40 that there WILL NOT be a CFL season in 2021.

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Mark Perry, a passionate sports journalist and the founder and editor of XFL News Hub, has been at the forefront of covering the XFL since its revival in 2018. Within days of the XFL's announced return, Mark initiated XFL News Hub to keep the fans abreast of every detail, game, and development of the league. Mark's extensive knowledge of the sport, combined with his unwavering dedication to providing comprehensive and accurate reporting, has made XFL News Hub the go-to platform for all things related to the XFL. His work over the years has brought him recognition in the world of sports journalism, solidifying his place as a leading voice in XFL coverage. Beyond just reporting, Mark believes in fostering a community around the XFL, engaging fans through his innovative content and discussions. If you have any inquiries, comments, or insights you'd like to share, Mark welcomes you to contact him directly at mark.perry@xflnewshub.com.

1 Comment

1 Comment

  1. David Tress

    April 15, 2021 at 10:51 am

    Why does the CFL run to the Federal Government for that little loan when MLSE’s parent companies have billions of dollars? They have enough money to play in 2021.

    Reply

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