CFL governors are scheduled to vote this week on whether to accept the Gliebermans back into the league.
Speculation is a transaction that will see Detroit millionaire Bernie Glieberman and his son Lonie assume 51% of the Renegades will be rubber stamped at that time.
It's believed a two-thirds vote is needed for approval.
There does remain a possibility the board will reject the return of the Gliebermans, who owned the Rough Riders from 1991 to 1994. If that happens, the league will likely have to take over control of the team until another owner is found. Training camp opens this weekend in Kemptville.
Commissioner Tom Wright was in Ottawa yesterday, where he met with Lonie and had a more secretive rendezvous with city officials regarding a new lease at Frank Clair Stadium for the Renegades.
CFL spokesperson Alexis Redmond would only confirm the get together with Glieberman -- describing it only as more "due diligence" -- and say there's a "tentative meeting" of the board of governors scheduled for this week.
She said the agenda is confidential.
"The deal, as far as I know, is not done yet," Lonie Glieberman said of the partnership between his father Bernie and Renegades owner Bill Smith. "There are still a few issues out there ... but it's getting closer."
Glieberman also believed that getting a new lease will not be a problem.
Renegades CEO John Lisowski has been handling negotiations on behalf of the team.
"There's nothing to say at this point, but we don't foresee it being an issue," said Glieberman.