The Saputo family wants to sell CF Montréal after more than three decades of ownership, the MLS team announced. The family has retained BMO Capital Markets to lead the process and National Bank of Canada Capital Markets as co-advisor. Joey…
CF Montreal chairman Joey Saputo announced on Monday that the club has initiated a structured process to sell the MLS franchise. The decision concludes more than three decades of Saputo family ownership dating back to 1992, when the club was originally founded as the Montreal Impact.
While Saputo expressed a strong desire to find buyers who will keep the franchise in Montreal, he did not entirely dismiss the possibility of relocation if acceptable local offers do not materialize.
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