Ken Bates would not confirm that discussions have occurred.
MLSE president Richard Peddie and chief financial officer Ian Clarke visited England last month and met officials from a number of clubs, including Southampton and Reading.
MLSE owns the Toronto Maple Leafs, the Toronto Raptors, American Hockey League team Toronto Marlies and Major League Soccer franchise Toronto FC.
The corporation's roots were established in 1927, after Conn Smythe purchased Toronto's premier hockey franchise that had earned Stanley Cup championships in 1918 (as the Toronto Arenas) and 1922 (as the Toronto St. Pats), and renamed it the Maple Leafs.
In 1931, a corporate reorganization resulted in the formation of Maple Leaf Gardens Ltd., with the Maple Leafs hockey team as the leading subsidiary.