Business · Companies · 9 hrs ago
CF Montréal owner Joey Saputo begins sale process for MLS club
Joey Saputo is beginning the sale of CF Montréal, the Major League Soccer club his family has owned for more than three decades.
The family founded the team as the Montreal Impact in 1992, and it joined MLS under its current name in 2012.
Saputo says he hopes to find a buyer committed to keeping the club in Montréal, but he has not ruled out a move if no suitable local buyer emerges.
The club will continue operating as usual during the sale process, which is being managed with financial advisers and in coordination with MLS.
Saputo has not said how much he wants for the team or how long the sale might take.
A sale could bring a new owner and fresh investment, though no buyer has been announced.
The team finished last in the Eastern Conference in 2026, with six wins from 34 games, making the club's future and its ability to improve a key concern for supporters.
Joey Saputo announced that his family is starting a structured sale process for CF Montréal.
The family has owned the club for more than three decades.
Saputo said the family prefers a buyer committed to keeping the club in Montréal, but would not rule out relocation.
The club will continue operating as usual while the sale process is underway.
The team finished the 2026 regular season last in the Eastern Conference with 26 points and six wins in 34 games.
- Who
- Joey Saputo and his family are selling CF Montréal.
- What
- The family has begun a process to find new ownership for the Major League Soccer club.
- When
- Saputo announced the process on Monday, November 9, 2026.
- Where
- Montréal, Canada.
- Why
- Saputo said the family believes it is the appropriate time to bring in new ownership with the resources and commitment to build on the club’s foundation.
This story does not have two clearly opposing sides.
The Saputo family founded the Montreal Impact.
The club became the Canadian MLS team CF Montréal.
The club fired head coach Marco Donadel after a slow start to the season.
Joey Saputo announced the family would begin a sale process.
- Family ownership
- More than three decades
- Club founded
- Montreal Impact, 1992
- Joined MLS
- 2012
- 2026 regular-season record
- 26 points and six wins in 34 games
- Sale advisers
- BMO Capital Markets as lead financial advisor; National Bank Financial as co-advisor
3 sources
What people are saying
Our clear preference is to find a buyer who shares our commitment to Montréal and who will ensure the club remains in the city.
If the club doesn't find a local buyer and I get an offer where the club needs to be relocated, then I have no choice. That is the decision I will take.
This decision is neither driven by urgency, nor dictated by circumstance
We believe this is the right time to welcome a new ownership group with the resources, vision and commitment to build on the strong foundation we have established and carry forward the club's proud legacy.