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Showing posts with the label tycoon

Manny V. Pangilinan to Purchase Sacramento Kings

There were confirmed reports that Filipino business tycoon Manny V. Pangilinan is being offered to purchase the Sacramento Kings franchise of the NBA. Many people in Pangilinan’s inner circle have verified that the 63-year-old businessman is seriously, which is being sold for around USD 250 to 350 million, considering buying the franchise. Tycoon Manny V. Pangilinan is no stranger to sports. In fact, he owns at least two teams in the PBA: the Meralco Bolts and the Talk ‘N Text Tropang Texters. On top of that, he has already invested millions in bankrolling the Smart Gilas-Pilipinas team, which is trying to qualify for next year’s London Olympics. You have witnessed the strength and potential of the Smart Gilas and you have to admit, those guys have the talent to show off. There would be no doubt about the investment as far as Manny V. Pangilinan's resources are concerned. This is such a huge move and it will surely change our views as a Filipino the way we look on the sport.