I think we can put to bed any talk that OSEG will eventually own a CPL club. 2 weeks after suspending operations on the Fury they are involved in a basketball team...
...in the CEBL. The CEBL is a coast to coast league with 7 teams that launched in 2019 with an aim of developing Canadian basketball players. Sound familiar?
From what I can gather, the CEBL has a similar ownership model to MLS, where the league owns all teams but individual franchises are operated by groups. Kind of like how MLSE "owns" Toronto FC but doesn't actually own it. I cannot find any reliable information on what OSEG's involvement is with the team but it sounds like they have moved on from soccer for good.
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