CF Montreal's Future in Limbo: Owner Announces Sale Plans and Possibilities

In a heartfelt press conference, CF Montreal founder Joey Saputo shared that his family is beginning the process of selling the MLS club. After more than thirty years of ownership, Saputo paused to gather his emotions while addressing the future of the team he holds dear. “This decision is neither driven by urgency, nor dictated by circumstance,” he stated, emphasizing that it stems from careful reflection on the club's current standing and future opportunities. Throughout his remarks, Saputo made it clear that he wants the club to remain in Montreal. He expressed hope that a new owner would share his commitment to the city and ensure the club stays put for years to come. However, when pressed during the Q&A session, he didn’t completely dismiss the idea of selling to someone who might consider relocating the team. “I will not discount the club to the point of just giving it away,” he asserted, while acknowledging the need for a buyer who can maintain the club's competitive level. “If an owner comes in who can elevate the team and spend what’s necessary, I would love for the club to stay here,” Saputo continued. But if a relocation offer aligns with MLS’s interests, he hinted that it could be considered. Saputo refrained from discussing specific financial expectations for the sale or a timeline for finding a buyer. He mentioned that the sale will be coordinated with MLS and the investment bankers engaged for the process. Considering the club's recent sales history in MLS, Saputo could potentially receive significantly more than the $40 million expansion fee he paid back in 2012. Just this year, the Illig family sold a majority stake in Sporting Kansas City for a whopping $700 million, while the Haslem family valued a stake in Columbus Crew at $900 million. As of 2025, Forbes estimated CF Montreal's value at $435 million, making it the second least-valuable club in the league. They do have their own home ground, Stade Saputo, which, despite its modest capacity of just over 19,000, is known for creating a vibrant match atmosphere. The club faces challenges ahead, especially with MLS’s new season calendar that could mean more winter matches at Stade Saputo, an outdoor venue. The nearby Olympic Stadium is set for modernization and will reopen in 2028, but the club would not have full control there if they were to relocate permanently. Saputo founded the team back in 1992, originally known as the Montreal Impact. He played a key role in its journey through various leagues before joining MLS in 2012. Two years later, he also became the president of Serie A's Bologna FC after acquiring a controlling stake. Reflecting on a previous ambition to establish the club for long-term success, Saputo acknowledged the challenges since the departure of popular coach Wilfried Nancy. Under Nancy, the club had seen significant success, but since his exit, Montreal has struggled, with only three teams accruing fewer points over the last four seasons. Historically, Montreal has been one of the league's most frugal teams regarding roster spending. Saputo recognized the urgent need for the next owner to invest more aggressively to compete effectively. “We’re going to continue to run the club,” Saputo assured, acknowledging the difficulties ahead. “We will be here until we find a buyer.” The situation puts CF Montreal alongside the Vancouver Whitecaps as potential candidates for relocation within Canadian MLS teams. As American leagues look toward moving franchises, Las Vegas has emerged as a prime destination, drawing attention after the successful relocations of teams from various sports. As CF Montreal navigates through this uncertain chapter, the city and its fans will undoubtedly be watching closely.