Cynamon: Us or Braley

Argos co-owner David Cynamon spoke about trying to sell the team Thursday morning. (REUTERS/Mike...

Argos co-owner David Cynamon spoke about trying to sell the team Thursday morning. (REUTERS/Mike Cassese)

TERRY KOSHAN, QMI Agency

, Last Updated: 2:33 PM ET

David Cynamon promised a resolution to the Argonauts' ownership issue is around the corner.

The Argos co-owner told The Fan 590 on Thursday morning that one of two things will happen in the next few days: the club will be sold to David Braley, or he and Howard Sokolowski will keep the team for another year.

"Howard and I never expected any transition of any kind to take this long, so we feel really bad and really apologize to our fans for being into February with this," Cynamon said.

"Potentially selling the team to David Braley, yes, it possibly could happen in the next few days. In the next few days, Howard and I, which is our real wish, could still own this team. One thing we're committed to is, make sure that one way or another, it's finalized this week so that the fans, the league, the decision-making, anything that is being affected by the timing can now get back into place and try to reverse any damage that is done."

Cynamon's comments on the issue are the first either he or Sokolowski has made in months, as the two have refused numerous interview requests.

There was some hope that the CFL's board of governors would have been able to approve a sale to Braley, who also owns the B.C. Lions, at meetings in West Palm Beach on Wednesday and Thursday. But the item was taken off the agenda on Wednesday when it became clear the two sides had not reached a deal.

Not only does the ownership saga need an answer, but general manager Adam Rita also wants to know his future. And there's the matter of finding a new head coach.

Cynamon and Sokolowski let their search for a partner, one that took them to approach TSN and Edmonton Oilers owner Daryl Katz, among others, go too long.

Not finding a new place for the Argos to play was "a failure," Cynamon said. York University and BMO Field were options that were explored.

"From day one ... it was about a new venue, not only being an intimate, smaller venue, but a venue which we could drive our own revenue," Cynamon said. "We needed to have the financial model so the team could be on same level as other teams (in the CFL) ... we failed.

"We hate confronting the final resolution that it might be a very long time, or never, that a great venue or location could be built for us. (That's when) we started to look for alternatives."

Cynamon acknowledged that he and Sokolowski approached the league's board about getting Toronto on a more level playing field through revenue-sharing.

"In the latter years, we tried to impress that a balance for the Toronto situation might need to be looked at," Cynamon said. "Inevitably, there will be something, I am sure of that ... when we could not get the new venue, we thought that was the solution the Argos needed for us. It may not be that way for someone else ... it's not about the money. We would continue to support this team if we couldn't find a viable owner.

"We're fans of the CFL and would never do anything to hurt the CFL."


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