Connect with us

Hi, what are you looking for?

Tiebreaker Times

Basketball

FEU clears Cha Dao of any wrongdoing, to go after middleman

The Far Eastern University now plan to press charges against James Machate after FEU and Cha Dao owner James Marcaida convened following their split in the 2019 PBA D-League.

Tamaraws team manager Richie Ticzon made a clarification that the university is now filing a class suit against Machate and not versus the milk tea brand as what they planned to do initially.

“After talking to the real owner, sir Jed Marcaida, James Machate is not a part owner of Cha Dao which he is trying to portray,” Ticzon said.

“Machate gave FEU a check worth 1,500,000 for FEU’s D-League participation as Cha Dao, but the check bounced. Apparently, Machate also got 550,000 from Cha Dao to help with its tie up with FEU. Cha Dao never agreed to sponsor FEU fully. It was Machate who came to FEU to fully fund its D-League campaign,” he continued.

“To cut the long story short, it was James Machate who is liable to FEU for its 1.5-million bouncing check.”

Based on Ticzon’s account, Machate was the middleman that brokered the deal between Cha Dao and FEU. Moreover, he alleges that FEU and Cha Dao had no partnership whatsoever outside of what Machete told both parties.

Ticzon said that they have not heard from Machate since the checks bounced, prompting the school to drop the partnership with Cha Dao six games into the 2019 D-League season.

FEU started playing as the Tamaraws last May 7 against the Diliman College-Gerry’s Grill which they won, 88-81. There was no longer any indication of the Cha Dao sponsorship in the team.

“He never talked to us anymore,” Ticzon said.

Now that the school and the milk tea company have sorted things out, Ticzon has issued an apology to Cha Dao and Marcaida for putting the brand in bad light due to this issue.

#ReadMore  HTC's Mctroi Crisostomo shines brightest as Ababou's Dedication tops Desiderio's Passion

“We are clearing Cha Dao’s name in this issue and apologize to them for the negative write-up that came out,” he said.

“It is James Machate who didn’t fulfill his obligations to FEU.”

Written By

Oftentimes on the sidelines. Forever a student of the game. Morayta-bred.

Tiebreaker Times Logo

You May Also Like

Basketball

One does not simply forget a coach who brought a terribly undermanned team all the way to the Finals.  That’s how Derrick Pumaren’s stint...

ADMU

Thirdy Ravena and Hesed Gabo definitely made their mark in the 2019 PBA D-League season as they manned the ships of their respective squads...

Basketball

A new champion will be crowned as 14 teams wage war in the 2019 PBA D-League Foundation Cup, set to tip-off on July 25...

Basketball

He may be living a life others could only wish for, but it doesn’t mean Mike Tolomia has stopped chasing dreams. Just last week,...

Basketball

This early, Centro Escolar University has emerged as the frontrunner to romp away with the title in the coming PBA D-League Foundation Cup. The...

ADMU

For SJ Belangel, he believes that he didn’t have much of an impact in his rookie year with the Ateneo de Manila University Blue...

ADMU

Mike Nieto, along with brother Matt, Thirdy Ravena, and Isaac Go, will bid goodbye to the Ateneo de Manila University at the end of...

Basketball

The Centro Escolar University’s Cinderella run in the 2019 PBA D-League came to a crushing end on a Tuesday afternoon. The Scorpions absorbed a...

Advertisement