Gutierrez disclosed that the PFF had suffered a budget deficit due to advanced amounts and obligations incurred on behalf of the Futbol Pilipinas Azklas Foundation’s (FPAF) contractual dealings with previous Men’s National Team coaches. As of July 26, 2024, the advances and obligations of FPAF had set back the federation by approximately Php 69 million.
Gutierrez pledged to the PFF Congress that his administration has initiated measures to stabilize the federation’s operations and is seeking remedies to recover the amount.
“Despite these challenges on the fiscal deficit and the ongoing legal liabilities with the former coaches, the PFF administration has worked very hard to ensure that all programs concerning national teams, coaching education, referees education, grassroots, youth development, futsal, competitions, and infrastructure continue at an optimal level while managing the federation’s cash flow… We are doing much better than expected,” Gutierrez assured.
https://pff.org.ph/2024/08/06/team-spirit-emerges-at-the-21st-pff-ordinary-congress/
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