Manny V. Pangilinan isn’t about to give up the NBA dream just yet. The business tycoon, perhaps the most prominent sports financier in the country, is currently in talks with several NBA franchises for a possible minority stake.
What’s better than one NBA star endorsing your brand? Having another.
HONG KONG—Businessman-sportsman Manny V. Pangilinan wants a majority stake if he finally decides to accept an offer to join a group of investors that will take over the struggling Sacramento Kings in the NBA. “I have to admit, the idea is very titillating,” Pangilinan said during a recent briefing where he confirmed rumors that he [...]
