PSC suspends Wesley’s monthly allowance

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MANILA — Following his decision to change allegiance to the United States, Wesely Co’s P40,000 monthly allowance was suspended by the Philippine Sports Commission (PSC).

So, the 20-year-old top Filipino GM have chosen to move from the National Chess Federation of the Philippines to the US Chess Federation to pursue his dream of landing into the world’s Top 10. 

“Until there will be a final resolution of the issue, we have decided to hold the allowance of Wesley So starting June,” said PSC Chair Richie Garcia in yesterday’s PSA Forum at the Shakey’s Malate.

But because there is a pending resolution between So and the National Chess Federation of the Philippines, Garcia clarified that the suspension is only temporary.

To continue his jump to US, So would be needing to pay an equivalent fee of 50,000 Euros worth or about P3 million.

If not, he will be barred from participating in all international chess federation FIDE-sanctioned tournaments, including the World Chess Olympiad and the World Championship, for two years.

So, was supposed to lead the country’s team in competing in this year’s Olympiad in Tromso, Norway.

With reports from Philippine Star