The owners of the Vancouver Whitecaps FC announced Friday that they have started the process to sell the club.
This move comes after careful “consideration of the club’s journey and reflection on what is required to ensure its continued growth and success,” owners Greg Kerfoot, Steve Luczo, Jeff Mallett and Steve Nash said in a statement.
They said they built a solid foundation for the club and now is the right time for an owner with the resources and ambition to take the next steps.
“Our group have been committed to transforming our local soccer club into a significant contributor to our community,” Kerfoot said.
“It is gratifying to see how meaningful the Whitecaps have become to so many, and to have been able to contribute to the growth of a vibrant and thriving soccer community in Vancouver, the Lower Mainland, British Columbia, and beyond.”
This news comes a few weeks after the Whitecaps parted ways with head coach Vanni Sartini.
Sartini joined the club at the start of the 2019 season before becoming acting head coach for the first team in August 2021.
He was officially named head coach at the end of November 2021.
Kerfoot acquired the Whitecaps in 2002 when he said the club was deeply in debt and had no clear future.
The current ownership group formed in 2008.