Janine Beckie Christine Sinclair Quinn - The Canadian PressThe Canadian Soccer Players' Association , the union representing players on the women's senior national team, has filed a $40 million lawsuit against 15 current and former Canada Soccer board members who signed a media and sponsorship contract in 2018 with the private company Canadian Soccer Business .
The lawsuit alleges board members breached their fiduciary duty to Canada Soccer when they approved the CSB media and sponsorship deal in 2018 and seeks to hold them personally liable for damage caused to Canada Soccer. The women's national team plays its first game in the CONCACAF W Gold Cup tournament on Thursday and has qualified for the Paris Summer Games this summer, where Canada will compete as the defending gold medallists.
On Jan. 30, a lawyer for the CPSA wrote Canada Soccer again and gave the federation a 14-day deadline to take legal action against its 2018 board, the lawsuit says. When the lawyer received no response from the federation, the players decided to move ahead with a lawsuit against the current and former board members.
"The CSB agreement provides Canada Soccer with no opportunity to participate in the growth of revenues generated by the success and popularity of the national teams, or of the popularity of the game in Canada," the lawsuit says."There is no provision in the CSB agreement that would require its financial terms to be revisited during its nearly 20-year term.
Source: News Formal (newsformal.com)