GOLAZONEWSCF Montreal Owner Joey Saputo Begins Process to Sell MLS Club
⚡ In 30 seconds
- Joey Saputo announced his family has initiated a structured sale process for CF Montreal.
- The club founder has owned the Major League Soccer team for over three decades.
- Saputo stated the decision was not urgent, while declining to rule out relocation.
CF Montreal founder Joey Saputo has announced that his family is beginning a structured sale process for the Major League Soccer club. Speaking at an emotional press conference on Monday afternoon, the long-time owner paused several times to hold back tears after leading the Quebec team for more than 30 years.
Saputo noted in his initial remarks that the choice to put the franchise up for sale was neither driven by urgency nor dictated by circumstances. During the announcement, he also declined to rule out the possibility of the club relocating.