That's true... i just downplayed the words i used. Hehe. ;) Just imagine how much of the Philippines the Salim group controls (expressways, basic utilities...).
There are a good number of financially able alumni who are lined up to pitch in their money (two names that cropped up were conglomerates). There were always donors from way before and they never did so to put their idiot kids into the team (maybe it would help get them accepted into the school on a academic probation if they were complete idiots... but some did get kicked out again after not making the grade). The one key ingredient missing is if you don't have a big time donor, you can run the team but you might not have the big time cash needed to entice the prized recruits to play for your school and support the home grown talent.
The concern also is picking whose money to accept as to ensure there aren't too many thick strings (or chains) attached.
Seems like there's excitement on the UP side nowadays. They have to remember though that Rome wasn't built in a day. It took Ateneo over several years since Pangilinan stepped in before they really got the formula for a real winning team.
The baskeball program is only a part of the MVP package, he also donated infra to the school. This however will not affect Ateneo as well since they still continue to get grants from different entities for research and infra, along with the odd donation from other business institutions. MVP will not be forever and Ateneo knew it. What was surprising only was that it came quite suddenly from what i understand.
After Ateneo, will MVP throw support behind UP?
After Ateneo, will MVP throw support behind UP? | InterAKTVAfter recently parting ways with Ateneo, businessman Manuel V. Pangilinan seems likely to throw his support behind the University of the Philippines, whose basketball team needs a major overhaul to reclaim its old status as contender in the UAAP.
“Mukhang yun ang direction,” said former PBA coach Bo Perasol, the man who was supposed to succeed Norman Black as mentor of the five-peat champion Blue Eagles but decided not to pursue it following Pangilinan’s parting of ways with Ateneo due to differences on several matters outside of basketball.
With Pangilinan’s backing, the Blue Eagles have won six championships in the last 10 years.
(InterAKTV is part of InterAksyon.com, the news site of TV5, which is chaired by Pangilinan.)
But while the possibility of Pangilinan supporting UP gets bigger, Perasol said he would rather help UP coach Ricky Dandan come up with a program for the Fighting Maroons, who have struggled to produce wins in the past few seasons, than to replace the mentor.
“If ever I will be asked to join the UP basketball team, I will help out Ricky in the program. I don’t want him to be displaced there,” said Perasol. “Kung titingnan mo, wala talagang materyales yung team, so we have to strengthen the lineup.”
Talks about Pangilinan shifting his support to the state university grew when the sports patron guested in the 50th anniversary of the school’s Alpha Sigma fraternity.
Aside from that, some of Pangilinan’s associates are also graduates of UP, including PBA vice-chairman Mon Segismundo of Meralco, and Patrick Gregorio, Talk ‘N Text’s representative to the PBA Board.
The Meralco executive, though, currently has no idea whether the sports patron is going to support UP next after bankrolling the basketball program of Ateneo the previous years.
“It started when MVP guested in the Alpha Sigma anniversary. If you consider it as a way of supporting the school, that’s a fact. But if you will ask me about whether MVP will support the basketball program, then that’s another thing. This is something na magandang abangan na karugtong after MVP decided to part ways with Ateneo,” said Segismundo.
Although he’s an alumnus of UP, Segismundo said he isn’t trying to influence Pangilinan to support UP.
“I have friends in a lot of schools. Kaibigan namin ang La Salle, Ateneo, Don Bosco, and even Lyceum.”
kawawa din naman ang UP kelangan nila ng isang katulad ni MVP
Walang religious idealism yung UP to run counter sa mga companies ni MVP.
Pwede mag lagay ng commercial sponsorship sa uniforms? Besides a thank you, would anyone cough up 30m a year without anything in return? MVP got to be the chairman of the Ateneo Board of Trustees, before he resigned for the plagerism brouhaha...
ah but i don't think it would be religious ideals that would be an issue someday if ever mvp decides to fully support the up basketall team - it would be the usual idealistic concepts pertaining to environmental rights, consumer rights, political colors and all those other "romantic" notions a lot of the people of the diliman republic espouse. and i don't think the up peeps would be as discreet as the jesuits when push comes to shove
besides, like i mentioned in the other thread, there are intriguing whispers which uaap member school the mvp group will park a big chunk of their money. and it's not in the diliman republic (where he's giving a "token" sum to the university) but somewhere right smack in the streets of maynila
He could come here. I could use a new MB in exchange for giving him a basketball team.![]()
Ang pagbalik ng comeback...
Ateneo and Beda gets the same amount of funding really (around P25M yearly according to a report on spin.ph) so its not much difference for him to add more to Beda IMO. He has to get another school to make Padrino (Niky? :D). I'd believe this is for his tax breaks as well?
Ayan na! Lumabas na FEU mag invest si MVP
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Shhhhh... Nag tip Si vice ganda Kay manay, game daw mga players ng FEU...
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