Making a new owner would involve one or more owners being removed, one or more owners deleting their accounts, or or more owners stepping down.
I don't see that happening anytime soon.
Also in the past "please the wants of msmg" meant some MSmg Owners and Moderators would ignore the Terms of Use, sweep valid flags under the rug, etc.
Not to mention the multitude of arkuum type events.
Pretty sure Imgflip doesn't want the past of MSmg to repeat itself.