Atty. Felipe Gozon on alleged sale of GMA-7: “Kung may mag-o-offer ng P500 billion, kahit tulog ako, gisingin n’yo ako, I will sell”

As you know all this starts with Ruffa Guiterrez tweet last December 25, as she posted:

“Guess what MVP is buying next?? Found out last week through a little birdy but the few people I told didn’t believe me. Now its CONFIRMEDDD.”

And rumors are told that Manny V. Pangilinan (MVP) had offered to buy GMA-7 for “P500 billion.”

MVP bought TV5 in 2010, and his reported interest in GMA-7 has been seen as another effort to strengthen his television reach.

“There is no truth to the rumor going around in social media sites and the internet that Mr. Manny Pangilinan has bought GMA Network. In fact, there is even no negotiation going on between GMA and Mr. Pangilinan regarding the latter’s acquisition of GMA-7.” As per GMA-7 announce last December 27.

Also according to, the online news portal of TV5-  Atty. Ray Espinosa the TV5′s President and CEO, denies that rumor.

And yesterday Atty. Gozon in a media press, discussing their launching of programs scheduled this first quarter of 2012 addressed the issue of the supposed sale of GMA-7.

He said, “Kung P500 billion, ibebenta ko right now”.

“Kung may mag-o-offer ng P500 billion, kahit tulog ako, gisingin n’yo ako, I will sell”.

“Pag below that, medyo iisipin ko muna”.

He later added, “Out of this world naman yun… That is a very wild rumor.”

Still according to PEP sources, there is an offer made, but agree that “P500 billion” is a stratospheric number. Yes it is in billions of pesos but way below that figure.

Added to that the three families owning the majority stock of the Kapuso network – the Duavits, Jimenezes, and Gozons—are not united in the decision to accept MVP’s offer.

For now, MVP himself has been quiet with regards to this matter.

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