I don't know if the question is directed at any of us in particular, but I can answer it.
First off, let's revisit the context in 2017. At that time, we were in dire need of revenue and had huge expenses related to broadcasting rights for Canadian teams' games, both on the women's and men's side. In fact, it was costing us close to $1 million per year to broadcast our games and we needed revenue to sustain the development of soccer in Canada.
This agreement was one of the solutions identified by management and the Board of Directors. It allowed for the creation of a national soccer league in Canada, while also generating revenue. Of course, this was all prepared and discussed by the Board of Directors and management. We also spoke to our organization's legal counsel to get their opinion on the various documents we received.
I want to clarify that this agreement was indeed approved on March 27, 2018. I have before me the resolution that was passed at that time. It clearly states the following:
“To approve the CSB representation agreement as circulated with amendments.”
So that was done on March 27, 2018. We asked for changes and discussions continued. Finally, in December, during a conference call, all board members expressed satisfaction with the agreement. The agreement was subsequently signed on January 1, 2019.