The Board of Control for Cricket in India (BCCI) is unlikely to part ways with Chinese company VIVO as their IPL title sponsor, said a BCCI official on Thursday. Earlier, the IPL Governing Council has announced that they will be meeting this week to decide on sponsorship details after the recent Galwan valley clash between India and China. The recent border violations by China and the killing of Indian army personnel on the India-China border has resulted in a lot of individuals and associations banning or disassociating themselves from Chinese products.
In the same light, speculations were going around the Indian Premier League as well because VIVO, a moble manufacturing giant, has been the title sponsor of the cash-rich league for a very long time now. Last week, the board’s treasurer Arun Dhumal said that the board has no intentions of ending the deal with VIVO as their title sponsors for the cash-rich league.
Now, another board official has stated that the board does not intend to part ways with VIVO as their official title sponsors for the Indian Premier League.
BCCI Unlikely To Part Ways With VIVO As IPL Title Sponsor: Report
“We still don’t know about fate of T20 World Cup, Asia Cup, so how can we just have a meeting? Yes, we need to discuss sponsorship but we never used the word cancel or terminate,” a senior official, who also sits in IPL GC meetings, told PTI on conditions of anonymity.
“We said we will review sponsorship. Review means that we need to check all the modalities of the contract. If the ‘Exit Clause’ favours VIVO more, why should we terminate a Rs 440 crore per year contract. We will only terminate if ‘Exit Clause’ favours us,” he added.
Speculations Intensify Over IPL 2020 Future
IPL 2020 was scheduled to start from March 29, but due to the outbreak of the COVID-19 pandemic, the BCCI postponed it until April 15. As the nationwide lockdown extended in India, BCCI suspended IPL 2020 Indefinitely. Now, with the situation worsening, it seems a huge possibility that IPL stands nothing but cancelled this year.
On April 10, latest reports suggested that the BCCI is probing into the July window to conduct the IPL and it could take place behind closed doors.
However, all hopes once again vanished as the BCCI suspended the Indian Premier League 2020 indefinitely in the light of the coronavirus pandemic. With COVID-19 victims toll rising in India, cricket returning to India seems a possibility far from reality.