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.
“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.”
Kobe Paras takes lead as amateur stars make stand against Anti-Terror bill
Stats Don’t Lie: La Salle frontline key to UAAP Final Four return
Jeron Teng grateful to have had Renren Ritualo as mentor in Xavier, La Salle
Back in the day, Nonong Araneta was pro-level in both basketball, football
REPORT: Jalen Green recruited Kai Sotto to join him in G League
Stats Don’t Lie: Aldin Ayo and the power of the three-ball
Black includes Ryan Buenafe in all-Ateneo team: ‘He should be in the PBA now’
Kai Sotto, Jalen Green to be under agent Aaron Goodwin
Chooks-to-Go donates 5,000 pcs of dressed chicken to CESAFI
Barangay Ginebra reunite in SMC HQ, pack PPEs for frontliners
Makati survives Ablaza injury, San Juan to force MPBL North Game Three
Robles, Custodio take over Basilan, lift Davao Occi to MPBL South do-or-die
- ESports4 days ago
Defeating ONIC PH was nothing personal for Greed_ just business
- ESports3 days ago
Jaypee had extra motivation to lead Sunsparks — his newborn daughter
- News5 days ago
VCGB to host variety show fundraiser for volleyball’s day-to-day personnel
- Basketball2 days ago
Vanguardia’s Hoop Coaches International finds new partner