PLDT, Smart award P21M to Olympians Yulo, Petecio, Villegas plus their coaches

Tycoon Manuel V. Pangilinan-led PLDT Inc. and Smart Communications awarded P21 million to Filipino Olympians Carlos Yulo, Nesthy Petecio, and Aira Villegas, along with their coaches and staff, for securing the most medals for the Philippines at the Paris 2024 Olympics.

Carlos Yulo, who won two gold medals, received P10 million, while bronze medalists Nesthy Petecio and Aira Villegas each took home P2 million. Their coaches will receive an extra 50 percent of these amounts or P7 million. 

“The glory and pride that Carlos, Nesthy, and Aira brought to our country with the medals they’ve won in Paris through their training, grit and effort are priceless indeed,” said Pangilinan, the chair emeritus,” of the MVP Sports Foundation (MVPSF).

“We are very proud of them, and we hope to see them compete once again in Los Angeles in 2028―which we will continue to support fully,” he added. 

Double Olympic Gold medalist Carlos Yulo meets with PLDT and Smart Chair, CEO and MVPSF Chair Manuel V Pangilinan at the PLDT headquarters in Makati City. (Photo from PLDT/SMART) 

The MVP Group, which includes PLDT and Smart, has been a strong supporter of sports development in the Philippines. 

Through the MVPSF, they have backed 16 of the 22 Filipino Olympians in Paris 2024 and continue to invest in over 20 National Sports Associations. 

Their efforts span from grassroots to professional levels, with the goal of producing more Olympic medals for the country.

“The MVPSF will continue to support Filipino athletes in their quest for gold in the Olympics. We’ve seen it happen with Hidilyn Diaz in Tokyo 2020 and now, we’ve seen it happen again with Yulo in Paris 2024,” said MVPSF President Al S. Panlilio.

“We hope that this will inspire more Filipino athletes to strive for their Olympic dreams in the Los Angeles 2028 Olympics, as well as encourage our partners in both the private and public sectors to continue supporting our young heroes,” he added. 

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