JOEY SAPUTO INITIATES A SALES PROCESS TO SELL CF MONTRÉAL

Structured approach designed to ensure continuity, stability and long-term success in Montréal

MONTRÉAL, Nov. 9, 2026 /CNW/ -- Joey Saputo announced today the launch of a structured process to sell CF Montréal, marking a new phase after more than three decades of ownership and stewardship by the Saputo family.

Since 1993, the Saputo family has played a defining role in the development of professional soccer in Montréal and Québec, guiding the Club from its early years to its establishment in Major League Soccer and its current position within the North American soccer landscape.

After more than 30 years of continuous involvement, Mr. Saputo indicated that the decision reflects a natural evolution.

"After more than three decades of commitment, we believe this is the appropriate time to begin the process of identifying new ownership for CF Montréal," said Joey Saputo. "This Club has been a central part of our lives. We have dedicated significant time, energy and resources to building it, and we are proud of what CF Montréal has become. I would also like to thank the fans, whose passion and loyalty have been at the heart of this club."

Mr. Saputo emphasized that the decision is not driven by circumstance, but by a thoughtful assessment of the Club's position and future.

"The Club is stable, well positioned and part of a growing league and market. For years, we have worked to establish the winning conditions necessary for CF Montréal's long-term success. Today, there is a clearer path forward, particularly with the Olympic Stadium and in our pursuit of Canada Soccer's National Training Centre. We have laid important groundwork, and it is essential that this momentum continues to secure the Club's future in Montréal. Precisely because of that, we believe this is the right moment to begin a structured process to identify the right group to take the Club forward and build on what has been accomplished."

On the National Training Centre, Mr. Saputo added: "Our family would also play a pivotal role through a substantial investment in our efforts to bring the National Training Centre to Montréal. If we were to secure it, the Centre would not only be the potential new home for CF Montréal, our academies, Soccer Québec and its regional associations, but could also play an important role in the development of soccer in the province and for the National Team."

The Saputo family has retained BMO Capital Markets as lead financial advisor, and National Bank of Canada Capital Markets as co-advisor to manage the sales process and identify potential buyers. This process will be conducted with discipline, rigour and care, in coordination with Major League Soccer, with the objective of ensuring continuity and long-term growth.

The priority is to provide the right Quebec-based investors with an opportunity to come forward, with the resources and commitment to support the Club's long-term success.

The Club will continue to operate as usual throughout this period, with no changes to day-to-day operations, sporting activities or community engagement. The management team and staff will remain in place, including Gabriel Gervais, Luca Saputo and Simone Saputo, who will continue in their current roles.

SOURCE CF Montréal

Media Contact: Paul Wilson, [email protected], [phone]