Carlos Yulo says he lost cash incentives worth “six digits” because of his mother

Carlos Yulo captured the world’s attention by earning two gold medals at the 2024 Paris Olympics.

Team Philippines won its first-ever Olympic gold medal in gymnastics after Carlos did a spectacular performance during the men’s floor exercise final on August 3, 2024. A day later, Carlos won another gold medal during the men’s artistic gymnastics individual vault finals at the Bercy Arena in France.

Carlos’s stunning achievements at the 33rd Summer Olympics has catapulted him into the limelight, not only for his athletic brilliance but also for the personal challenges that have unfolded alongside his triumphs.

Just days after his gold medal wins, Carlos addressed a brewing feud within his family as he shed light on a rift between his mother, Angelica Yulo, and his girlfriend Chloe San Jose.

In his TikTok video released on August 6, Carlos revealed that his mother had managed his finances, including funds from various competitions and allowances. He expressed dismay upon discovering discrepancies in the management of his bank accounts. Carlos admitted that he was unaware of the full extent of these transactions until he took over the account himself.

Carlos disclosed that the cash incentives were worth “six digits” since he won two medals in the World Championships in November 2022 in the UK.

The 24-year-old gymnast, who earned one silver and one bronze in the said tournament, recalled that the “six-digit” incentive went into his bank account that was being handled by his mother. Carlos said he didn’t know the incentive was already given by the organization until he asked about it when he flew back to the Philippines by December 2022.

“May mga gusto lang po akong i-clarify doon sa mga interviews at mga sagot ng nanay ko sa mga interviews niya po. Unang-una po, yung 70k na incentives na sinasabi niya from World Championships 2021, unang-una 2022 po yun at hindi lang po 70k yung na-receive ko po doon, alam ko six digits po yun dahil dalawa po yung nakuha kong medalya,” Carlos said in his TikTok video.

“Hindi ko pa po malalaman na na-receive na niya po yung incentives ko kung hindi ko pa po hinanap,” he said.

Carlos emphasized that he was not that concerned about the cash incentive but he was bothered by the fact that his mother had been withdrawing from his account without informing him. He also revealed that he had the bank statements showing the withdrawals she made.

“Never ko na po na-receive yung incentives ko po na yun at never ko na rin hiningi yun sa kanila. Binigay ko na at wala na po yun sa akin. Ang sa akin lang naman, gusto ko lang malaman kung saan napunta yung incentives. Yung principle po kasi dito ay wala sa liit o laki ng amount po ng incentives na ginalaw niya, kundi po sa pagtago at paggalaw niya nang wala akong consent.”

Angelica Yulo explained in earlier interviews that her actions were a precautionary measure to secure her son’s financial future. She described her handling of the funds as a means of safeguarding against potential financial uncertainty.

CARLOS DEFENDS HIS GIRLFRIEND.

The situation was further complicated by familial tensions involving Carlos’ girlfriend, Chloe San Jose.

Angelica Yulo believed that Carlos’ girlfriend Chloe is the “root” of her issues with her son. The matriarch criticized Chloe’s lifestyle and background, stemming from cultural differences between the Philippines and Australia where San Jose was raised.

“At yung about sa red flag daw po si Chloe. Hinusgahan niya po agad si Chloe sa pananamit at sa pag-akto po niya. Magkaiba po ng kinalakihan. Unang-una, lumaki si Chloe sa Australia. At ayun yung nakagisnan niyang culture,” Carlos pointed out.

Carlos also defended Chloe by saying that as a Filipino-Australian living in Melbourne, she is able to support herself financially.

“At yung about sa ‘mauubos yung anak ko’ na sabi po ng mama ko. Unang-una po, si Chloe ay may sariling income. Lahat ng nakikita niyong gamit o yung pag-travel niya kung saan-saan, galing po yun sa pinagpaguran niya,” said the Olympian champion.

Despite these personal struggles, the double gold medalist maintained a message of reconciliation and forgiveness. In a heartfelt plea, he urged for healing and an end to the discord.

“May recent interview po kayo na kino-congratulate niyo po ako. Kung genuine po talaga kayo, Ma, maraming salamat po and ina-acknowledge ko po yung pagko-congratulate niyo sa akin. Pero nagpa-flashback pa rin talaga yung masasakit niyong sinabi sa akin and hindi niyo pag-wish well sa akin. Tumatatak yun sa akin talaga.

“Ang message ko po sa inyo, Ma, na mag-heal kayo, mag-move on, at napatawad ko na kayo a long time ago po. Pinagpre-pray ko na maging safe kayo palagi at nasa maayos kayong kalagayan lahat diyan.”

 

Angelica Yulo tearfully reads her statement regarding her son, double gold Olympic champion Carlos Yulo. She asked for his forgiveness but she insisted that they will talk about things such as money matters privately as a family.

Sources: GMA News / Inquirer.net