(From Business Mirror)
THE Philippine Basketball Association (PBA) will closely monitor Barako Bull in the coming Fiesta Conference to make sure that its benefactor, Harbour Centre, would not act in such a way that it is taking over the franchise.
PBA commissioner Sonny Barrios said in a recent interview that the league is confident that the George Chua group is still in charge of Barako Bull—as what they had promised to the board.
“Mr. Chua personally called me and said they are on top of the situation. They will abide by the approval of the board and they do not intend to stray away from that,” said Barrios.
The board, chaired by Lito Alvarez of Air21, approved the cobranding agreement between Barako Bull and Harbour Centre to help the former with its financial obligations in the team. The team will still be known as Barako Bull but “Harbour Centre” will be printed near the top of the back of the players’ jerseys.
But speculations are rife Harbour Centre has gained control of the team because Junel Baculi was appointed head coach. Leo Isaac was said to have been “elevated” as team consultant.
Former Harbour Centre players like Jerwin Gaco and Al Vergara and their Philippine Patriots teammate Rob Wainwright were also signed by the Barako Bull. The Patriots are coowned by Mikee Romero, who also owns Harbour Centre.
The PBA chief said the league will make sure the cobranding agreement, apparently set only for this conference, will be followed.
The Fiesta Cup kicks off on March 21 at the Araneta Coliseum with Barako Bull facing Sta. Lucia Realty in the first game at 4 p.m., to be followed by the Barangay Ginebra-Talk ’N Text tussle at 6:30 p.m.
THE Philippine Basketball Association (PBA) will closely monitor Barako Bull in the coming Fiesta Conference to make sure that its benefactor, Harbour Centre, would not act in such a way that it is taking over the franchise.
PBA commissioner Sonny Barrios said in a recent interview that the league is confident that the George Chua group is still in charge of Barako Bull—as what they had promised to the board.
“Mr. Chua personally called me and said they are on top of the situation. They will abide by the approval of the board and they do not intend to stray away from that,” said Barrios.
The board, chaired by Lito Alvarez of Air21, approved the cobranding agreement between Barako Bull and Harbour Centre to help the former with its financial obligations in the team. The team will still be known as Barako Bull but “Harbour Centre” will be printed near the top of the back of the players’ jerseys.
But speculations are rife Harbour Centre has gained control of the team because Junel Baculi was appointed head coach. Leo Isaac was said to have been “elevated” as team consultant.
Former Harbour Centre players like Jerwin Gaco and Al Vergara and their Philippine Patriots teammate Rob Wainwright were also signed by the Barako Bull. The Patriots are coowned by Mikee Romero, who also owns Harbour Centre.
The PBA chief said the league will make sure the cobranding agreement, apparently set only for this conference, will be followed.
The Fiesta Cup kicks off on March 21 at the Araneta Coliseum with Barako Bull facing Sta. Lucia Realty in the first game at 4 p.m., to be followed by the Barangay Ginebra-Talk ’N Text tussle at 6:30 p.m.
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