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    FEU Tamaraws allege 'financial issues' behind break-up with D-League sponsor

    May 7, 2019
    Kevin Gandjeto goes up for a shot against Patrick Tchuente.
    PHOTO: dante peralta

    FAR Eastern University took great pride in Tuesday's 88-81 win over Diliman College-Gerry's Grill in the 2019 PBA D-League, not just for its playoff chances but also for what it meant for the team.

    For what it's worth, the victory was the first the Morayta crew can claim as its own after shedding the Chadao banner they had from the start of the season.

    "We're just happy. This is our first win na FEU na kami," said coach Olsen Racela in jest.

    Tamaraws team manager Richie Ticzon shed light on the situation as to why the team had a sudden name change this late in the eliminations.

    "Chadao didn't give us the financial agreement that we had from the start of the conference," he said. "May certain amount of money that they gave us. They gave us a check and it bounced. After that, they didn't communicate with us anymore."

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    Ticzon didn't divulge the specific amount he claimed Chadao owed FEU, only saying that it's a "substantial amount of money."

    The situation led to management deciding to scrap the sponsorship altogether and move forward with the players seeing action in with their old FEU uniforms.

    "That's the reason why we changed our uniforms already. So from here on, we will just wear the FEU uniform," said Ticzon.

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    As for the legal situation against Chadao, the FEU executive said: "At this point, it's an internal issue, but I think the public needs to know why we are already using the FEU uniform. FEU Legal na ang bahala doon."

    "Tama si coach Olsen. First win in the D-League by FEU ito."

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    Kevin Gandjeto goes up for a shot against Patrick Tchuente.
    PHOTO: dante peralta
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