CF Montreal are for sale: What it means, how much it could cost, and what’s next for the MLS club
In an emotional press conference, CF Montreal’s founder and owner Joey Saputo refused to rule out relocation
CF Montreal, a Montreal-based soccer club, announced on Monday that they are initiating a structured sale process for the MLS club. Owner Joey Saputo, who has owned the club for over three decades, stated that the decision is not driven by urgency or circumstance, but rather the result of careful reflection on the club's current state and future opportunities.
Saputo expressed his desire to keep the club in Montreal but will consider selling to an owner who can maintain the team's high standards and invest in player development. The club's estimated value is around $435 million, making it the second least-valuable club in the MLS. The club owns its own stadium, Stade Saputo, which has a capacity of over 19,000 and is known for its impressive atmosphere.
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