The 2020 Grey Cup will be officially awarded to its host city next week, the CFL announced on Friday.

An announcement will be made at 6:30pm et/3:30pm pt on February 21 and will be carried live on select TSN platforms.

The 108th Grey Cup has seen bids submitted by the Saskatchewan Roughriders, Montreal Alouettes and Hamilton Tiger-Cats and reviewed by the Grey Cup Committee with a final decision to be made by the CFL Board of Governors.

"We want to thank all three organizations for first-class bids, any one of which would continue to take the Grey Cup game and festival to new heights,” said CFL commissioner Randy Ambrosie in a statement. “We look forward to next Thursday and the excitement it will generate at the same time we plan to ‘Experience The Energy’ at what we know will be a great 107th Grey Cup presented by Shaw this November in Calgary."

Both Hamilton and Saskatchewan have yet to hold Grey Cups in their new facilities.

The Ticats' Tim Hortons Field was opened in 2015, while Mosaic Stadium, the home of the Green Riders, opened in 2017.

"Tiger-Cat fans everywhere, and the Tiger-Cat organization, have worked hard to convey our enthusiasm for bringing the Grey Cup to Hamilton again," Ticats owner Bob Young said in a statement. "We are thrilled to be in consideration by the Canadian Football League to host the upcoming 2020 Grey Cup game and festival, and we look forward with excitement and anticipation to the league’s announcement on February 21."

Riders CEO Craig Reynolds echoed the enthusiasm.

"We want to thank the CFL and the Grey Cup committee for their diligence throughout the bid process," he said in a statement. "We feel like we put forth a strong and compelling bid to host the 2020 Grey Cup in our 110th anniversary year where we will be able to showcase Mosaic Stadium and Saskatchewan's incredible hospitality. We encourage our fans to come together on February 21st as we anxiously await the announcement."

Hamilton last hosted a Grey Cup - the infamous Snow Bowl game - at Ivor Wynne Stadium in 1996, while Regina's Taylor Field was the site of the 101st Grey Cup that the hometown Riders victorious in 2013. Olympic Stadium last played host to the Grey Cup in 2008.

This fall's Grey Cup, the 107th, is set to be hosted by the defending champion Calgary Stampeders on November 24 at McMahon Stadium.

TSN and the CFL will have more details in the coming days on how to view the announcement.