Overview
- CEO Axel Schuster said the club accepted PavCo’s offer and lawyers are finalizing the wording for the 2026 one-year agreement.
- British Columbia’s PavCo will return roughly $1 million to $1.5 million in annual stadium revenues to the team, with officials noting added revenue opportunities.
- PavCo said it is delighted with the agreement and expressed commitment to keeping the Whitecaps at B.C. Place.
- Schuster called the lease a minor step, noting the team trails comparable MLS clubs by about C$40 million in yearly revenue and faces an additional cost burden from a weak Canadian dollar.
- The club continues to explore a new stadium under a City of Vancouver MOU running to December 2026 and is seeking new revenue through naming rights and corporate support while remaining for sale.