Complex sentence: Named in honour of Percival Molson, it is owned by McGill University and is home to the Montreal Alouettes of the Canadian Football League in 1947 until 1967 and from 1998 to present and the McGill Redmen of the Quebec University Football League.
Split into simpler sentences: Named in honour of Percival Molson, it is owned by McGill University and has been the home of the Montreal Alouettes of the Canadian Football League from 1947 to 1967 and again from 1998 to present. The stadium is also home to the McGill Redmen of the Quebec University Football League.