"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 Vancouver Whitecaps would not be where they are today without the vision and commitment of this exceptional ownership group," said MLS Commissioner Don Garber.
"The Whitecaps are a terrific club in a world-class city. On behalf of everyone at Major League Soccer, I want to thank them for their tremendous contributions and look forward to working with them to identify new ownership for the club."
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