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Whitecaps owners putting MLS club up for sale [Video]

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British Columbia News

The owners of the Vancouver Whitecaps are putting the Major League Soccer team up for sale.

The ownership group — Greg Kerfoot, Steve Luczo, Jeff Mallett and Steve Nash — announced the news in a statement Friday, saying the decision follows “reflection on what is required to ensure its continued growth and success.”

“The current ownership has built a solid foundation for Whitecaps FC – it is the right time for an owner with the platform, resources and ambition to enhance the club’s ability to compete at the highest levels of MLS and steward the club in realizing its significant potential,” the statement said.

No asking price has been publicly released. Goldman Sachs has been brought in to advise on sale and transition options.

MLS expansion club San Diego FC — set to begin play next season — reportedly paid a US$500 million expansion fee to join the league.

Toronto …

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