Even after a 10-day grace period, the once-proud club Global-Makati failed to settle its unpaid wages and other obligations.
And both the Philippine Football Federation and the Philippine Football League are planning to intervene.
“We gave them an ultimatum and an opportunity to make good on their promise,” said PFL commissioner Coco Torre told Cedelf Tupas of the Philippine Daily Inquirer.
“It’s disappointing. The league has to take appropriate action.”
Three weeks ago, players and workers of the team took to social media to share their disappointment that Global-Makati has failed to pay them for the last couple of months.
Global-Makati said last July 23 that it would settle their debts in 10 days.
But on the 10th day last August 3, no payments have been made.
“We’re ready to put the sanctions on them and to protect the interest of the players,” said PFF president Nonong Araneta.
Mazinyi Management Ltd. is reported to be the owner of Global-Makati.