Connect with us

Hi, what are you looking for?

Tiebreaker Times

News

Ricky Vargas resigns as POC President


Just five months left before the 30th Southeast Asian Games opens its curtains, the Philippine Olympic Committee is scrambling to find a new leader.

Ricky Vargas has resigned as the president of the POC during an executive council meeting held in Pasig City.

“We had a good meeting but at the end of the day, our president decided to tender his irrevocable resignation and we respected that,” Archery Association president Clint Aranas told Reuben Terrado of SPIN.ph.

Taking the role of acting president from this time on will be first vice president Joey Romasanta.

“After much introspection, I have determined that there would be other sports leaders who would have the time and inclination needed to lead the POC more effectively,” Vargas said in a statement.

Moreover, he cited corporate responsibilities and family sentiments as reasons for his resignation.

For the past few weeks, Vargas – who ended Peping Cojuangco’s 13-year chairmanship – has come under fire due to the SEA Games.

One issue raised was the formation of the PHISGOC Foundation, which is different from PHISGOC but holds the same role for the SEAG. Many of the members of the board also questioned the overpricing of sports apparel.

Vargas has tasked secretary-general Pato Gregorio to assist in the transition.

#ReadMore  Cardona eternally grateful as Zamboanga gives him new lease on life
Written By


You May Also Like

Basketball

Fans, coaches, and league staff were taken by surprise when the PBA’s Board of Governors quickly approved the four-point shot, set to be implemented...

Basketball

League parity has been a significant issue for the Philippine Basketball Association (PBA) since the controversial Christian Standhardinger-to-San Miguel transaction of 2017. This deal...

Basketball

As the Philippine Basketball Association (PBA) approaches its milestone 50th season, the league is determined to enhance its reputation as the premier basketball entertainment...

Basketball

The Philippine Basketball Association is starting to recover its lost profits stemming from the COVID-19 pandemic. In a report by league chairman Ricky Vargas,...

19th Asian Games

PBA chairman Ricky Vargas revealed that two players considered for Gilas Pilipinas for the 19th Asian Games were ultimately taken out of the plan...

2023 FIBA World Cup

PBA chairman Ricky Vargas admits that Asia’s first play-for-pay league is taking a significant risk by assuming responsibility for the country’s campaign in the...

19th Asian Games

In the midst of the FIBA Basketball World Cup 2023 Final Phase, the Samahang Basketbol ng Pilipinas, hosts of the event, also began forming...

Boxing

Deputy Speaker Robbie Puno, the new president of the Association of Boxing Alliances in the Philippines (ABAP), remembers the first world-class fight he ever...

Advertisement