Six-time Olympic dash medallist Andre De Grasse is investing in the way forward for ladies’s sports activities in Canada. The 29-year-old has reportedly purchased a stake in workforce AFC Toronto Metropolis, considered one of eight groups within the new Canadian professional soccer league, Mission Eight.
Mission Eight is a brand new Canadian ladies’s skilled soccer league, based by former Canadian worldwide participant Diana Matheson, scheduled to kick off in spring 2025.
Up to now, three of the eight franchises for the league have been introduced. The franchise price for the brand new league is $1 million, with an estimated $8 million to $10 million in complete invested capital wanted over the primary 5 seasons, along with crucial spending on infrastructure.
De Grasse, a father of two, says he’s all the time been a fan of ladies’s soccer and hopes this chance can flip into “one thing large”. “Bringing a ladies’s soccer league and having a franchise in Toronto is a reasonably cool factor to have,” stated De Grasse to The Canadian Press. “I hope that I can play an enormous half in it.”
The small print of De Grasse’s funding or stake haven’t been introduced, however he’s no stranger to backing startup ventures by his not too long ago fashioned ADG Ignite Ventures.
De Grasse performed soccer in Scarborough in his youth earlier than transitioning to enjoying basketball year-round. He got here to sprinting in his remaining years of highschool after being noticed by former Canadian Olympic sprinter Tony Sharpe on the York Area H.S. Championships.
“We’re thrilled that Andre might be investing in Toronto’s ladies’s skilled workforce,” Matheson instructed The Canadian Press. “Andre is becoming a member of an funding group in Toronto that, as he does, understands the unimaginable affect that sport has on people and communities, in addition to the numerous progress potential of ladies’s skilled sport in Canada.”
AFC Toronto Metropolis is considered one of three groups within the upcoming Mission Eight league, becoming a member of the Vancouver (ladies’s) Whitecaps and Calgary Foothills.