JUST IN: 2026 World Cup expenses to be covered by host Toronto.
, will be split between MLSE and the city to a maximum of $10 million, according to the document. Any money made on top of that will be split 60/40 to the city’s benefit.
Bell and Rogers have a majority stake in MLSE, which owns the Toronto Maple Leafs, Toronto Raptors, and Toronto FC, while Larry Tanenbaum holds 25 per cent of the company through Kilmer Sports Inc. CTV News is a division of Bell Media, a subsidiary of Bell. “We are a city that is very much in debt,” she said. “I don’t know how we’re going to take on another FIFA debt.”
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