Toronto FC announced today that the club has re-acquired Canadian international defender Richie Laryea, who will join the Reds on loan from Nottingham Forrest of the English Premier League. Laryea’s loan agreement runs through the summer of 2023. Laryea will be added to the club’s roster pending the receipt of the International Transfer Certificate (ITC).
To complete the deal for Laryea, Toronto FC traded $175,000 in 2022 General Allocation Money (GAM) and $50,000 in 2023 GAM to FC Dallas for the second overall spot in the MLS Allocation Order. Additionally, TFC traded $50,000 in 2022 GAM and $75,000 in 2023 GAM and the second overall spot to FC Cincinnati in order to obtain the first overall position in the Allocation Order. As part of the transaction, FC Cincinnati will also receive additional conditional GAM if certain incentives are met.
“It’s great to bring Richie back to the club,” said Toronto FC Head Coach and Sporting Director Bob Bradley. “As everyone knows by now, Richie established himself as one of the best outside backs in the league. He’s a dynamic player, a fantastic dribbler, and a real competitor. To have Richie back in his hometown to play for TFC ahead of Canada’s trip to the World Cup is exciting.”
Laryea, 27, returns to Toronto FC and MLS, after a short stint with Nottingham Forrest, who last season earned promotion from the English League Championship to the Premier League for the first time since 1998/99. Prior to his time in England, Laryea played three seasons with Toronto FC, after signing with the club as a free agent on March 21, 2019. Laryea made a combined 83 appearances across all competitions for the Reds, scoring nine goals and adding 12 assists. Laryea was a key member of TFC’s Eastern Conference Championship side in 2019 and also helped the Reds finish with the second-best record during the 2020 MLS regular season. Laryea signed with Forest on January 8, 2022, and made his debut on April 18 against West Bromwich Albion. He appeared in five games for Forest during his six months with the club.
“I am very excited to have the opportunity to be back with TFC and play in front of our fans at BMO Field,” said Laryea. “I know it’s an important time for the club as we push for the playoffs, and I want to help the team achieve success.”
At the international level, Laryea has earned 30 caps and has scored one goal with two assists for the Canadian National team. He was a key player during FIFA World Cup Qualifying, where Canada finished undefeated and atop the table, earning a World Cup berth for the first time in 36 years.
TRANSACTION: Toronto FC traded $175,000 in 2022 General Allocation Money (GAM) and $50,000 in 2023 GAM to FC Dallas for the second overall spot in the MLS Allocation Order. Additionally, TFC traded $50,000 in 2022 GAM and $75,000 in 2023 GAM and the second overall spot to FC Cincinnati in order to obtain the first overall position in the Allocation Order. As part of the transaction, FC Cincinnati will also receive additional conditional GAM if certain incentives are met.