BIZ BUZZ: Trouble at the PSC
Officials of the Philippine Sports Commission (PSC) presented a united front when they defended their 2025 budget before the House of Representatives.
But the facade has long dropped, no thanks to troubling internal strife that is being closely watched by the private sector, who has long been relied on to pitch in to support the sports development programs championed by the PSC.
The growing tension within the PSC walls was made apparent by the Nov 6, 2024 letter that former Philippine Basketball Association player and PSC Commissioner Matthew “Fritz” Gaston sent to President Marcos, informing him of what he claims to be “questionable situations/decisions” made by PSC chair Richard Bachmann.
Bachmann quickly and categorically denied “any claims of misconduct or impropriety”, adding that “allegations made against me, particularly those concerning financial decisions and requests for reimbursements, are misleading and lack substantial evidence.”
According to Biz Buzz sources from the corporate world, these wranglings are but a symptom of what they claim to be the mountain of problems plaguing the PSC, which is supposed to be the “prime catalyst and advocate for the propagation and development of Philippine sports.”
No wonder then that there are growing cries for new blood to be injected into the PSC, perhaps the kind that runs through those with a proven background in actual management, not politics.
