PSC starts paying athletes’ monthly stipend
02/10/2010 01:42 PM
The good news is that members of the national training not belonging to the elite category will be receiving their monthly stipend from the Philippine Sports Commission again effective this month.
The bad news is that the national sports associations (NSAs) concerned have yet to submit their respective roster for the PSC accounting department to process the payroll.
…Athletes, under the PSC’s new policy, will be categorized into those belonging to the “elite group” who will be receiving P20,000 a month, and those under the ordinary group who will be getting from P6,000 to P8,000 monthly.
Only three athletes have so far been elevated to the elite group – bowler Biboy Rivera, a former World Cup champion, and netters Cecil Mamiit and Treat Huey, who in addition, will be given the needed international exposure in the runup to the Asian Games this November.
Also to be considered to be elevated is chess Grandmaster Wesley So, who, the PSC top honcho said, stands to receive from P1 to P2 million in terms of allowance and international exposure.
Source: http://www.gmanews.tv
Good luck to GM So.
P1 to 2 million = $10 dollars US.
To any filipinos who might read this blog post:
Ignore anonymous 10:14, he’s either exceptionally poor at math (which can be forgiven). or he just wants to start a flame war (in which case it’s just not worth the effort since responding won’t accomplish anything except stress you out)
moving on…
I hope Wesley does get the allowance since he’s been playing very well lately and he has the potential to be even better.
P2,000,000 is equal to $43,229.11
The current exchange rate is:
$1.00 = P46.27
The best beach in the world is in Boracay Beach, for you people digging up 3 feet of snow in the U.S. North East.
The people are friendly and hospitable [and much smarter than anos 19:14, and speak and spell English well too]. And the food are the best.
And the Philippines have the best boxer in world too, 7 weight class boxing champion Manny Pacquiao.
“and speak and spell English well too]. And the food ARE the best.”
And you pinoys can’t even keep me from stealing 12 million pesos!
Don’t preach unless you are ready to smell your own balut.
Campo
“P2,000,000 is equal to $43,229.11
The current exchange rate is:
$1.00 = P46.27″
After paying his travel expenses and paying his bills, Wesley is left with $10.
His salary is miserable.
Filipino food is good.
So sorry Campo.
I meant $10.00 for Wesley.
And the rest, as always, is yours.
And hey, remember Banjo Barcenilla, who was up for his GM title 10 years ago, when you were the hot shot FIDE guru?
He finally made GM! How about that.
NO thanks to you and your side kick Abundo.
Yours, E. Incarnate