FOLLOWING last week’s announcement by the Ceres-Negros FC that they are currently in talks with investors who will be taking over the management and ownership of the club, there has been no announcement yet that the club is leaving the Philippines Football League (PFL).
This was stated by Philippine Football Federation (PFF) General Secretary Lawyer Edwin Gastanes during the PFF virtual press conference, adding that the club’s intent to play in the league is still there.
“PFF will act on the developments on Ceres-Negros FC as soon as the negotiations are successful in accordance with the protocols of both PFF and PFL to change the management and to eventually compete in the PFL,” he said.
“PFF received a letter from Ceres Negros FC announcing that they are concluding negotiations with new investors for the change in ownership and management of the club,” Gastanes added.
The PFF said that with the club’s change in management, it would still help ensure its continued participation in the AFC Cup 2020, which is tentatively set to resume in September and October 2020. Also seeing action in this tournament is Kaya FC-Iloilo.
Meanwhile, in the club’s statement, as soon as the takeover is completed, the club will no longer be known as Ceres-Negros since our current chairman Leo Rey Yanson will not be involved in any way in the affairs of the club.