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Steve Stavro | |
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Born | Manoli Stavroff Sholdas September 27, 1926 Gavros, Greece |
Died | April 23, 2006 Toronto, Ontario, Canada | (aged 79)
Resting place | Mount Pleasant Cemetery |
Nationality | Canadian |
Occupation(s) | Grocer, businessman |
Steve Atanas Stavro, CM (September 27, 1926 – April 23, 2006; born Manoli Stavroff Sholdas)[1] was a Macedonian-Canadian businessman,[2] grocery store magnate, Thoroughbred racehorse owner/breeder, sports team owner, and a noted philanthropist.
Under the leadership of Steve Stavro, what began as a single produce store in the east end of Toronto in 1954 grew into Knob Hill Farms, one of Canada's largest grocery chains all with only 10 locations in and around Toronto. Knob Hill Farm's Cambridge location, founded in 1991, had the honour of being the largest grocery store in the world at the time of its opening.[3]
Stavro was also an avid sports fan and heavily involved with the Canadian sports scene, beginning in 1961 with the founding of the Eastern Canada Professional Soccer League together with George Gross. Stavro would go on to purchases the controlling interest in Maple Leaf Sports & Entertainment (MLSE) in 1994 making him the owner of the Toronto Maple Leafs. In 1998 MLSE would purchase Toronto's recently formed NBA team, the Toronto Raptors. This deal made Steve Stavro the principal owner of two of Toronto's three principal North American sports franchises.[4] In addition, through this period, Stavro was instrumental in the construction of the new arena to house both the Toronto Maple Leafs and the Toronto Raptors, the Air Canada Centre (now called Scotiabank Arena).
Stavro's sports passions also included the world of horse racing. Stavro's interests began in 1967 with the purchase of two yearlings and the founding of Knob Hill Stables. Over the years the stables inventory swelled to a peak of over 80 horses on their roster. Stable standouts included Molson Million and Prince of Wales Stakes winner Benburb, Canadian International Stakes Winner Thornfield and Prince of Wales Stakes winner and Queen's Plate runner-up, Alezzandro.[5]
In a speech to the Canadian Senate following Stavro's passing, Senator Trevor Eyton paid tribute to Steve's life and stated: “Steve Stavro's contributions to business and sport in Canada will not be forgotten. He was a man that followed his passions and a man of self-made success coming from hard work and determination.” [6]