Winnipeg's professional men's soccer club, Valour FC, is suspending operations after this year's season.

The club, which played in the Canadian Premier League, announced the decision in a statement on Friday, thanking fans, players and staff.

The club says it will fulfill contractual obligations toward players and staff until the end of the year. Then players under contract past the 2025 season will become free agents or return to parent clubs, the statement said.

Fans holding credits in their ticket accounts will receive full refunds and the club will contact account holders with details and next steps, according to the statement.

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