Thursday, June 16, 2011

Will The Barako Bulls Become Air21-Borne?

Seven votes. That's what it will take so that bulls can fly.

Seven votes for the PBA Governors will be enough to allow the sale of the Barako Red Bull franchise to the Lina Group of Companies.

Earlier, Barako Red Bull came to an agreement with Phoenix Petroleum, which was blocked by the PBA board. This time around, the road to the sale seems easier, as both Barako Red Bull and Air21 have voting rights, lowering the magic number to just 5.

If the sale does go through, the Lina Group of Companies join the San Miguel Group and the PLDT group as enterprises with more than one team.

More on this story here.

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