May tinatago? Narvasa says TNT wants him out because of PBA probe on TV5’s illegal deal
It’s not just about Christian Standhardinger after all.
PBA Commissioner Chito Narvasa has bared another reason why TNT has mounted a coup d’etat to oust him from office.
In a press conference Thursday, Narvasa said the PBA was looking into an allegedly illegal side deal made by TV5, which holds the rights to air PBA games, with a “foreign betting firm” which he did not name.
Narvasa said TV5 made the side deal without informing the PBA about the potential revenues it would generate from the transactions.
“TV5 made the transaction with the betting company without informing the PBA and denied the league the revenues from the said transaction,”Narvasa said.
TV5 is the loss-making broadcasting company of PLDT which is under the Philippine portfolio of the Metro Pacific- Salim group along with TNT, NLEX and Meralco.
Narvasa said the PBA’s probe on TV5’s undisclosed deal was under way when TNT launched a mutiny to oust him along with sister teams NLEX and Meralco, and Alasaka, Rain or Shine, Phoenix, and Blackwater.
Narvasa was adamant that TNT wanted him out after he approved Kia Picanto’s deal to trade its No. 1 2017 draft pick with San Miguel Beermen which used it to get Filipino-German Christian Standhardinger, a player coveted by TNT.
“What call for parity are they talking about? I have always ensured parity in all decisions I made as commissioner, not only in the trade involving Kia and San Miguel Beer, but even when Talk ‘n Text acquired the first round picks of Kia and Blackwater in the past to get Mo Tautuaa and Troy Rosario,” said Narvasa.
Yung foreign betting, tv5 entered into a deal without getting pba board approval. This robs pba of additional revenues. They’re getting details of the deal to check how much foregone revenues to pba. Kasi ayaw ipakita ng tv5