Zamboanga Valientes high brass meets with PBA Commissioner Willie Marcial and Terrafirma Staff Governor Bobby Rosales.–CONTRIBUTED PHOTO
MANILA, Philippines–PBA commissioner Willie Marcial confirmed that the Zamboanga Valientes had been certainly one of three teams that expressed curiosity in shopping for the franchise of the Terrafirma Dyip.
Marcial stated the Valientes have already submitted a letter of intent to hitch the league, although the route they’ve taken will doubtless undergo the method of probably taking up the Dyip’s lock, inventory and barrel.
READ: Three corporations now loom as patrons of Terrafirma PBA franchise
“I’ve talked to [Valientes owner] Junnie Navarro concerning the requirement they should submit and he stated that he’ll maintain it after the elections,” Marcial advised reporters Wednesday through the PBA Philippine Cup doubleheader at Philsports Enviornment in Pasig Metropolis.
The Valientes introduced final Monday that they’ve entered into talks with the Dyip, whose earlier deal to promote the franchise to Starhorse slowed down because of its failure to submit sure necessities.
Navarro, his mom Cory and Trevor Crewe, a CEO of an organization named Crewe Sharp, additionally met Marcial and Terrafirma staff governor Bobby Rosales throughout a current assembly on the PBA workplace in Libis.
READ: PBA says Terrafirma sale off after Starhorse fails to conform
Ought to Terrafirma and the Valientes come to phrases, the deal will nonetheless want the approval of the league’s Board of Governors with not less than a two-thirds vote.
One other Zamboanga-based group has additionally formalized its want to the league after the corporate that owns Household’s Model Sardines and Grasp Sardines held discussions with Marcial throughout final week’s out-of-town recreation in Zamboanga Metropolis.
Marcial, nevertheless, stated that Common Canning Inc. isn’t among the many three corporations which can be searching for to buy Terrafirma as it’s nonetheless exploring its choices that features the probably of coming into as an enlargement ballclub.
