Also on the club's board will be rugby player-turned-actor Adam Fogerty, who made the initial approach to Noble, who remains the most successful coach in Super League following his spell with Bradford from 2000-06.
"I met Adam over a couple of breakfasts, went to see David Argyle in his apartment in London alongside Eric Perez and I thought I'd love to be a part of it," Noble said.
"It's brand new - I've done a lot of things in the game but to be involved in this and to take something from nowhere is exciting. Old Trafford is our ambition so it's hugely appealing.
"I'm very ambitious as we all are. We really want to do it the right way and build it the right way. I'm an expansionist at heart and it's exciting for this sport."
The club will not receive central funding from the RFL but are likely to get special dispensation to exceed the salary cap to enable them to run a full-time team and have pledged to cover all costs of visiting teams, who will fly out on a Thursday, play on Saturday and return the following day.
The Canadians squad, which is initially expected to comprise largely of English players, will be based at Bradford Bulls' training base and fly out to Toronto to play fixtures in four or five-match blocks at the Lamport Stadium.
-AAP