As the voice to boycott Chinese product continue to grow amid the standoff at the Ladakh border, the fans are keen to know if BCCI will reconsider their title sponsorship deal with Vivo. Meanwhile, Vivo acquired the title-sponsorship deal in 2018 for five years worth Rs 2199 crore.
The tension has grown in the last few days with many Indian army personnel giving their lives to safeguard the borders. Recently, the Indian Government banned 59 Chinese applications in retaliation.
BCCI unlikely to cut ties with Vivo
Meanwhile, BCCI will organise a meeting in the wake of India-China clash. However, a BCCI official has confirmed that it is unlikely that the board will sever ties with IPL title sponsor VIVO. They are a Chinese mobile-maker despite the ongoing Indo-China clash on the border.
“Taking note of the border skirmish that resulted in the martyrdom of our brave jawans, the IPL Governing Council has convened a meeting next week to review IPL’s various sponsorship deals,” the official IPL Twitter handle had posted June 19.
Taking note of the border skirmish that resulted in the martyrdom of our brave jawans, the IPL Governing Council has convened a meeting next week to review IPL’s various sponsorship deals 🇮🇳
— IndianPremierLeague (@IPL) June 19, 2020
Meanwhile, one of the Governing Council members admitted that there has been no intimation from BCCI over the meeting. He is of the view that BCCI is likely to host one meeting after ICC postpones the T20 World Cup.
“I have called the IPL chairman (Brijesh Patel) and CEO (Rahul Johri) after I saw the tweet. But till date, I haven’t been intimated about any meeting. Possibly, they want to have a big meeting once the T20 World Cup is officially postponed,” one of the veteran GC members told PTI regarding the meeting.
As per reports, BCCI will only terminate the deal if Vivo backs off on its own. If not, they are likely to honour the contract which runs till the end of 2022.