Vivo pulls out of IPL 2020 title sponsorship, Jio may be new sponsor

Vivo pulls out of IPL 2020 title sponsorship, Jio may be new sponsor
Vivo pulls out of IPL 2020 title sponsorship, Jio may be new sponsor
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Sports Desk- Chinese mobile company Vivo will not be a league sponsor in the next edition of the Indian Premier League (IPL 2020). The decision was taken by the VIVO company on Tuesday after heavy protests in the country.

The IPL will have a new standalone sponsor for this edition after VIVO decided to take a break from their sponsorship commitments in 2020 amid the rising tensions between India and China at the border. IPL 2020 will be played in the United Arab Emirates from September 19 to November 10 due to the coronavirus crisis in India.

BCCI to impose 2-year ban on players committing age and domicile fraud

This time IPL is now looking for a new sponsor. According to sources, BCCI is in talks with an Indian company. Race also has an American company. In the next 3 days, the BCCI is going to float a tender for the new sponsorship.

VIVO have 3 years left in their contract which they will honour in 2021, 2022 and 2023 instead. Chinese mobile phone maker VIVO is IPL’s title sponsor and it pays the BCCI Rs 440 crore annually for the 5-year deal which they bagged in 2017 by bidding a whopping Rs 2,199 crores in 2017.

Jio IPL Sponsor

Indigenous company Jio may become an IPL sponsor this year. This is what the fans say on social media. Fans on social media are constantly demanding that Jio be the IPL sponsor. We are showing some tweets.