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Should an American company own the Toronto Maple Leafs?

Categories: Canada, Sports

leafs-maple-nov16-584.jpgMaple Leaf Sports and Entertainment owns, among other properties., the NHL's Toronto Maple Leafs, the NBA's Toronto Raptors, and Toronto FC of MLS. (Terry Gilliam/Associated Press)

According to an investigation by The Toronto Star, a U.S. investment company is interested in buying Maple Leafs Sports and Entertainment including its flagship hockey team.

The Star says Providence Equity Partners is considering an offer for the Ontario Teachers' Pension Plan's 80 per cent stake in Maple Leaf Sports & Entertainment.

Love them or hate them, the idea of an American company owning the iconic Canadian team is sure to stir up strong emotions.

Rogers Communications has also shown interest in purchasing the Leafs' empire, which the OTPP says is worth $1.5 billion.

The Star says Rogers, Providence, Teachers and Maple Leaf Sports all declined to comment.

The Montreal Canadiens are currently owned by Geoff Molson, chairman of the Molson Company. Canadian businessman Eugene Melnyk owns the Ottawa Senators, and Canucks Sports and Entertainment owns the Vancouver Canucks.

How would you feel about a U.S. company such as Providence Equity Partners owning a major stake in a Canadian hockey team? Should the Ontario Teachers' Pension Plan sell their stake to Providence, Rogers Communications, or another company? Tell us the score in the comments below.


(This survey is not scientific. Results are based on readers' responses.)

Tags: Ontario, POV, Sports

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