Any idea what became of the equity strategy to encourage expansion?
Deep down, the league wants to erase as quickly as possible any perception of a difference between its members that consists on one hand of league owners - member teams which collectively have invested millions of dollars since the 70s to establish the CSL as Canada’s only professional league - and recent teams in membership as playing members without equity ownership.
The league is introducing a change in its structure to achieve an environment which brings the business side of the CSL more in line with the game – the competition, where all teams are the same, all on a level playing field. The formation of an incorporated body, CSL Association Inc. developed during 2010, is complete now so that expressions such as ‘equity owners’, ‘non-equity owners’ or ‘playing members’ will soon be terminology from the past..
CSL League Administrator Pino Jazbec, a proponent of a change that brings equalization to the status of teams, sees the new company as a step in the right direction. “It’s a very painless way over a long period of time to compensate those clubs who poured money into the CSL over the years and who presently own the league. In time, it will be everyone’s league” he said, referring to the question of league ownership.