Roughriders report loss of $7.5M after cancellation of 2020 CFL season

Saskatchewan Roughriders general manager Jeremy O'Day. (Michael Bell/CP)

REGINA — The Saskatchewan Roughriders reported a loss of $7.5 million at their 2020-21 annual general meeting as the club deals with the financial fallout from the cancellation of the 2020 CFL season.

The club said in a release that its operating revenues dropped 74 per cent to $10.3 million in 2020-21 due to the cancellation of the season and other issues raised by the COVID-19 pandemic. The Roughriders said $3.9 million of those revenues came from federal pandemic relief programs.

The Roughriders posted operating revenues of $39.6 million and a net loss of net loss of $210,064 in 2019-20.

The team said it is facing a roughly $6-million cash flow deficit from its operations, and is expecting "significantly more'' moving forward as it recovers from the pandemic.

The CFL is set to kick off an abbreviated 14-game 2021 season on Aug. 5.

When submitting content, please abide by our  submission guidelines, and avoid posting profanity, personal attacks or harassment. Should you violate our submissions guidelines, we reserve the right to remove your comments and block your account. Sportsnet reserves the right to close a story’s comment section at any time.
We use cookies to improve your experience. Learn More or change your cookie preferences. By continuing to use this site, you agree to the use of cookies.