Ceres-Negros FC being sold, according to PFF

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    THE owner of multi-titled Ceres-Negros FC is involved in a buyout while another party is interested in joining the Philippines Football League organized by the Philippine Football Federation.

    These were the two main developments announced yesterday by the PFF during its online press conference led by PFF president Mariano Araneta Jr., general secretary Atty. Ed Gastanes, national men’s team manager Dan Palami and PFL commissioner Coco Torre.

    Other development in the same session:

    • A member of the International Football Federation Executive Council, Araneta announced that FIFA, the sport’s governing body, has earmarked a total of $1.5 billion, or $1 million (around P50 million) each to all of its member federations to help them cope with the novel coronavirus pandemic. He added that FIFA was also releasing another $500,000 (P25 million) for each member for women’s football development;

    • Players and personnel of all PFL clubs, including Ceres-Negros FC, are undergoing polymerase chemical reaction (PCR) tests following the approval by the government’s Inter-Agency Task Force managing the virus crisis to allow pro players in football and basketball to resume training;

    • Despite the present global economic crunch due to the pandemic, Qatar Airways will remain the main sponsor of the PFL, according to Araneta;

    • The PFF has given P5,000 each to over 200 PFF referees whose livelihoods have been severely affected since the lockdown in mid-March to limit the spread of the virus.

    “I have received an official letter from Ceres-Negros FC… announcing that they are concluding negotiations with another investing party for the ownership and management of the club,” Gastanes announced. “They are finalizing the transaction. That is the situation now.