Manueal V. Pangilinan to buy NBA Sacramento Kings?

Manueal V. Pangilinan to buy NBA Sacramento Kings?

Seems like the business Tycoon is on the hunt for buying companies and stocks as rumors are circulating that he is planning to buy the NBA Sacramento Kings,  read the full story below:

Manueal V. Pangilinan to buy NBA Sacramento Kings?

One of the Philippines Business tycoon, Manuel V. Pangilinan (MVP) saying that he is interested or acquiring or purchasing Sacramento King Franchise. The news network AKTV reported that Manuel V. Pangilinan and MVP Sports Foundation executive director Chot Reyes will be meeting with NBA commissioner David Stern to discuss a potential deal for the Sacramento Kings, a highly-placed source told Inter AKTV on Thursday, May 10, 2012.

If the plan of Manuel V. Pangalinan to buy franchise of Sacramento Kings will be materialized then it will bring honor to our country. I think he will be the first Filipino to own a team in NBA. source: http://itcentral-joseph.blogspot.com/

Who is Manuel V. Pangalinan?

Pangilinan who graduated cum laude from the Ateneo de Manila University with a Bachelor of Arts degree in Economics in 1966 and received his MBA degree in 1968 from the Wharton School of the University of Pennsylvania is also Chairman of Philippine Long Distance Telephone Company (PLDT), Meralco, Maynilad Water Services, Inc., Associated Broadcasting Company (TV5), Pilipino Telecommunication Corporation (TALK N' TEXT) and Smart Communications and so on...

He really has a lot business in the country so when it comes to money matters he got it. So there’s really a big possibility that he can purchased NBA Sacramento Kings Franchised.