MLSE terminated Bill Manning's presidency of Toronto FC and Argonauts, following the team's decline since 2020.

MLSE has parted ways with Bill Manning, president of Toronto FC and the Toronto Argonauts, after nearly nine years with the company. Manning's departure follows Toronto FC's decline in recent seasons, posting a 26-69-30 league record since its last post-season appearance in 2020. MLSE thanked Manning for his contributions and wish him well in the future.