Joey Saputo Announces Process to Sell CF Montréal

Owner Joey Saputo announced Monday he is seeking new ownership for CF Montréal, the club his family founded in 1992.

CF Montréal owner Joey Saputo announced on Monday, Nov. 9, 2026, that he has initiated the sale process for the Major League Soccer club. The decision follows a regular season where the team finished last in the Eastern Conference table, recording only six wins and 26 points across 34 matches. During the 2026 campaign, the organization dismissed head coach Marco Donadel in April, marking the departure of the team's 11th manager in 14 seasons.

The Saputo family established the franchise as the Montreal Impact in 1992 before it joined MLS and rebranded as CF Montréal in 2012. While Saputo stated a clear preference for a local buyer to keep the team in the city, he acknowledged that he would consider offers requiring relocation if a local suitor is not found.

BMO Capital Markets has been retained as the lead financial advisor for the transaction, with National Bank Financial serving as co-advisor. The club confirmed that day-to-day operations will remain functional and unchanged until a sale is finalized. This move marks the end of over three decades of family ownership for the Canadian side.