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Joey Saputo Begins Sale Process for CF Montréal

He says the move is a deliberate search for owners with the resources and vision to reverse the club’s recent decline.

Overview

  • Saputo formally opened a controlled sale process for CF Montréal on Monday, Nov. 9, 2026, saying the decision is planned rather than urgent.
  • The Saputo family has retained BMO Capital Markets as lead adviser and National Bank of Canada Capital Markets as co-advisor to run the sale.
  • Saputo expressed a clear preference for Québec-based buyers but said he will not sell at a discount and will not insert a legal clause forcing the team to stay in Montreal.
  • Club management and staff will remain in place during the ownership transition and the Saputo family will continue work to secure a national training centre in Montreal.
  • The sale follows the club’s worst season on record, a Canadian Championship final loss to Forge FC, falling attendance and supporter boycotts, factors Saputo cited in timing the handover.