Today’s 9 , November 2026.
Mr Joey Saputo announced a structured process to sell CF Montréal on November 9, 2026, ending more than three decades of family ownership.
Key Details of the Sale
- Owner: Joey Saputo founded the franchise (originally the Montreal Impact) in 1992 and brought it into MLS in 2012.
- Financial Advisors: BMO Capital Markets is acting as lead financial advisor, with the National Bank of Canada Capital Markets as co-advisor.
- Preference for Ownership: Saputo expressed a strong preference to sell to a Quebec-based buyer to keep the team locally owned, though he did not strictly rule out potential out-of-town groups or relocation if local offers are insufficient.
- Context: The announcement follows a difficult 2026 season where CF Montréal finished last in the Eastern Conference with just 6 wins, and recently lost the Canadian Championship final to Forge FC.
- Day-to-Day Operations:
The club will continue operating as normal during the sale process, and key management and staff—including club president and CEO Gabriel Gervais—remain in place.
- Other Projects: The Saputo family remains involved in efforts to bring a Canada Soccer National Training Centre to Montreal.
Report by Maria Ocampo
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