Simon Houpt talks to the 25-per-cent owner of the Leafs, Raptors, TFC and Argos about his plans – which include ownership of womens sports teams
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Do you have a sense of when Toronto might get a women’s pro soccer team? Or a women’s pro basketball team?
We’re right in the throes of working on that.
We’ve got a group within MLSE that is looking strategically how that might might work here, but we are very interested in actually all three: hockey, basketball, and soccer.
Any timeline?
No timeline at the moment,
How about an NFL team?
Always interested in that.
But again, nothing concrete?
No.
I do have to ask about the Argos, because the CFL seems constantly in trouble. Is there a solution to the league’s challenges?
Yeah, I thought so, and I was working on it, but I’m not sure there’s alignment among [some of] the other ownership groups of the other eight teams.
The community-owned teams seem to be satisfied with what’s happening in the CFL, so we’re working to see how the Argos fit into that scenario. I’m not happy with it. I’m not happy with the structure of the league. My concern is, in the major cities of Toronto, Montreal and Vancouver, it’s not attracted the younger fan engagement. You look at value creation and, you know, quite unfortunately, these teams are not worth that much money. The hockey, basketball or soccer teams are trading at hundreds of millions of dollars, in some cases billions of dollars.
And you see the Argos, you know, a 106-year-old league, and what value creation are these franchises trading at? You’ve got to look at that and say, Is that success?