OLYMPIC-bound Carlos Edriel Yulo received a timely assist from the MVP Sports Foundation (MVPSF).
In a bid to lessen the concern of the 2019 World Championships gold medal winner, the MVPSF extended additional funding of P800,000 to the 19-year-old gymnast in defraying the cost of his expenses in Japan, where he is currently based.
The financial help is expected to help cover Yulo’s rent, academic, schooling, and support team composed of a physiotherapist, nutritionist, and sports psychologist, ahead of next year’s Tokyo Olympics.
Yulo is among the country's brightest prospects to deliver its first ever Olympic gold medal.
The cash donation was coursed through the Gymnastics Association of the Philippines (GAP).
“The MVPSF wants to make sure that our athletes still get the best training possible even as we face the current COVID-19 pandemic,” said MVPSF president Al S. Panlilio.
“Even with his busy schedule, our chairman Manny V. Pangilinan makes it a point to check on our athletes and teams from time to time just to make sure all is well. We at MVPSF follow MVP’s example and that’s why we take great pride in taking care of our athletes.”
Panlilio said with the worries brought about by the worldwide pandemic, the assistance hopefully will help the 20-year-old Filipino gymnast to stay focus in his training.
"We're hopeful that this also puts Caloy's mind at ease because we wanted to show him that we're behind him all the way," said Panlilio, noting how Yulo has been away from his family at this most difficult time.
"His sole focus should be on his quest to win an Olympic medal and we'll do our best to take care of the rest."
The gymnastics association expressed its heartfelt thanks to the MVPSF for the support it extended to the country's top gymnast.
"We are grateful to the MVP Sports Foundation for their continued support for Caloy. They have been with us since 2017, which shows they believed in us from the start," said GAP president Cynthia Carrion.