The Philippine Football Federation settled its unliquidated accounts amounting to P4.8 million with the Philippine Sports Commission last Sept. 14.
PFF General Secretary Atty. Edwin Gastanes confirmed this and said that, “the federation has remitted a check to cover all unliquidated financial assistance from the PSC amounting to P4,882,602.71.”
“That amount is from past administrations of PFF from 1996 to 2010,” added Atty. Gastanes.
On Sept. 27 of 2017, the PSC released a policy via Board Resolution No. 1656-2017 stating that “NSAs with outstanding obligations and/or unliquidated accounts shall receive no funding from the Commission, effective November 1, 2017.”
On April 25, the agency, through Board Resolution No. 652-2018 announced that “NSAs with requests for financial assistance and with unliquidated accounts in amount of One Hundred Thousand Pesos (P100,000.00) and below may be considered for approval by the Board.”
PFF joins Philippine Athletics Track and Field Association, Philippine National Shooting Association, Philippine Sailing Association and Integrated Cycling Federation of the Philippines to have settled all its previous unliquidated accounts.
